839 Pine St, New Orleans, LA 70118

Property Description

839 PINE STREET | UPTOWN NEW ORLEANS | HISTORIC CHARM & INCOME POTENTIALStep into a piece of New Orleans history at 839 Pine Street, an extraordinary circa-1906 historic residence nestled in the heart of coveted Uptown. Offering an impressive 6,024 square feet of living space, this one-of-a-kind property seamlessly blends timeless architectural elegance with modern versatility, making it ideal as a distinguished private residence or an exceptional investment opportunity.APPRAISED VALUE: $2,011,000The main residence features 5 spacious bedrooms, 3 bathrooms, soaring ceilings, and the rich architectural details that define New Orleans' most treasured historic homes. An inviting front porch welcomes you home, while the private courtyard provides the perfect setting for relaxing, entertaining, or enjoying the charm of this iconic neighborhood.EXCEPTIONAL INCOME-PRODUCING POTENTIALAdding tremendous value is a separate 2-bedroom apartment currently rented for $2,000 per month. The main residence has previously rented for $6,000 per month, presenting the potential for a combined rental income of $8,000 monthly, or $96,000 annually, when both spaces are rented at those respective rates. This presents an attractive opportunity for investors seeking rental income, owner-occupants looking to offset ownership expenses, or buyers interested in multigenerational living.Additional highlights include a 2-car attached garage, a highly desirable feature in Uptown, and the added benefit of being located in an X Flood Zone.Perfectly positioned just three blocks from historic St. Charles Avenue and only minutes from Audubon Park, Tulane University, world-class dining, shopping, and entertainment, this remarkable property offers the very best of Uptown living.Rarely does a property combine historic character, exceptional square footage, a prime location, a separate income-producing apartment, and significant rental potential in one offering.839 Pine Street is a truly exceptional opportunity to own one of Uptown New Orleans' distinctive historic properties, with the flexibility to enjoy its character while exploring its income-producing possibilities.