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1121 Kerlerec Street Creole Cottage
A Fixer Upper in a Great Location
$189,121, When fixed easily worth 375k – 400k
In the Treme Neighborhood, Block to French Quarter
New Orleans, 70116
Sold for $177,000 Cash on Feb. 11,2019
The cottage is about 100 ft from N. Rampart and the streetcar line. The French Quarter is about a block and half away. It is a block from the Esplanade Avenue. Great places to visit in all nearby neighborhoods. When my seller bought in in 2006 is had 3 bedrooms and a bath with some large rooms downstairs. The seller has done some exterior updates and gutted most of the inside of the house.
The buyers may be able to get tax credits for the redo of historic homes. Federal and State tax credits.
The cottage is fully gutted right now. It is about 1400 sq. ft. with a large room upstairs which was once two bedrooms. There are 10 ft. ceilings down. There is a backyard also. The owner did replace the outside boards and the roof is OK. All the inside needs to be fixed and redone by the buyer and his desire to do what he wants.