2305 Soniat St, New Orleans, LA 70115
FOR SALE

2305 Soniat St
New Orleans, LA 70115

Freret
  • 10 Beds
  • 4 Baths
  • 4,261 sqft
  • 10 Beds
  • 4 Baths
  • 4,261 sqft

$699,000

Original price: $725,000
Est. Mortgage $4,267/mo*
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Local Information

map showing home location
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Commute Destination

Description

Commercially zoned (HU-MU) duplex with STR permit! This excellent property sits adjacent to Good Bird just steps from the heart of Freret Street. Fully managed, the current owner doesn't lift a finger and still the lower STR unit has cleared over $30,000 in net profit in the first 7 months of 2023 (grossing over $47,000). The upstairs is currently rented for $3,000 and boasts high ceilings, independent bedrooms, and a dedicated laundry room with an extra refrigerator and kitchen style countertops. This property is a serious cash cow with the possibility for incredible upside due to new regulations severely restricting residential STR properties. Don't miss out on this opportunity!

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$164
Listed
105 days ago

Home Details for 2305 Soniat St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4261 Square Feet
Appliances & Utilities
Appliances: ENERGY STAR Qualified AppliancesLaundry: Upper Level
Heating & Cooling
Heating: Central,Ductless,Wall FurnaceHas CoolingAir Conditioning: Central Air,Ductless,Wall Unit(s)Has HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleExterior: FenceFoundation: Raised
Parking & Garage
Parking: None
Pool
Pool: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 105

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Not a New Construction
Property Information
Condition: Repairs Cosmetic, Updated/Remodeled, Very Good ConditionParcel Number: 614331415

Price & Status

Price
List Price: $699,000Price Per Sqft: $164

Location

Direction & Address
City: New Orleans

Agent Information

Listing Agent
Listing ID: 2429727

Lot Information

Lot Area: 4125.132 sqft

Listing Info

Special Conditions: None

Energy

Energy Efficiency Features: Appliances

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: Electricity, Water

Miscellaneous

Mls Number: 2429727Living Area Range Units: Square Feet
Last check for updates: about 20 hours ago
Listing courtesy of William King, (504) 345-9737
Satsuma Real Estate LLC, (504) 483-8884
Joseph Gerrity, (504) 470-8048
Satsuma Real Estate LLC, (504) 483-8884
Source: GSREIN, MLS#2429727

Price History for 2305 Soniat St

DatePriceEventSource
03/11/2024$699,000PriceChange
GSREIN #2429727
01/13/2024$725,000Listed For SaleGSREIN #2429727
12/31/2023ListingRemovedGSREIN #2406749
10/02/2023$749,000PriceChange
GSREIN #2406749
09/17/2023$769,000PriceChange
GSREIN #2406749
08/03/2023$799,000Listed For SaleGSREIN #2406749
03/10/2021--Sold
N/A
06/20/2014--Sold
N/A
06/16/2011--Sold
N/A
03/24/2003--Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$8,493
Assessment$603,600
Home facts updated by county records

Comparable Sales for 2305 Soniat St

Address
Distance
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Sold Price
Sold Date
Bed
Bath
Sqft
2701-03 Octavia St, New Orleans, LA
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3,577
5530 Willow St, New Orleans, LA
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04/12/24
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2
1,855

Neighborhood Overview

Freret
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Freret

  • Mewoodard33
    "there aren’t many children’s amenities nearby for young children. there are few public parks and even fewer i’d want to take my child to. "
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  • Erobin722
    "Great food, lots of variety and options for lunch, dinner and bar-going. Popular but never over populated. "
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  • Sarah H.
    "Great mix of people. Most at home I’ve felt since living in Nola for 10 years. Neighbors watch out for each other. Just don’t go walking around after dark if you don’t have to. Freret st is fine of course. Just off streets. "
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  • Nina C.
    "I commute to work by car since my office is 15 minutes away. But we are close to public transportation."
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  • Judsonart
    "Great neighborhood, with amazing growth going on right now. New stores and restaurants going in daily. Nice place to find an uptown home under 1 million."
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  • Judsonart
    "Very hip new gentrified area - best bars in the city. Very walkable. New Starbucks and Trader Joe’s going in."
    2
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  • axelmartin
    "We bought a nearby small house for our daughter to use while she attends Tulane. Not very pleased with the safety of this neighborhood, though it looked okay when we first saw it. Freret street is super. Walkability is great. Would not raise a family in this area though. Seems pretty sketchy. "
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  • janetj
    "Lots of traffic, and the neighborhood is somewhat sketchy with respect to crime. No park area nearby, parking is somewhat painful, especially since all the new construction which is supposed to go on for THREE years! Good point is that Lusher is a good school, and Newman is awesome and close by. Freret street is fun and hip."
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LGBTQ Local Legal Protections

William King, Satsuma Real Estate LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2305 Soniat St, New Orleans, LA 70115 is a 10 bedroom, 4 bathroom, 4,261 sqft multi-family built in 2020. 2305 Soniat St is located in Freret, New Orleans. This property is currently available for sale and was listed by GSREIN on Jan 13, 2024. The MLS # for this home is MLS# 2429727.