2614 Banks Street
New Orleans, LA 70119

Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe's, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit. Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496

Property Features