Burgundy Rehab Double-Starting bid $25,000

Burgundy Rehab Double-Starting bid $25,000

5407-5409 Burgundy St., New Orleans, LA 70117
  •   Nov 5 @ 9:00am CST (Start)
  •   Nov 11 @ 3:30pm CST (End)
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Burgundy Rehab Double

5407-5409 Burgundy St., New Orleans, LA 70117

ONLINE BIDDING - November 5th - 11th

STARTING BID: $25,000

 


6 bedrooms, 2 baths, raised, wood-frame double

The Craftsman shotgun double located at 5407 Burgundy Street, New Orleans, is a historic structure that dates to c. 1915. It is located in the Lower 9th Ward Cultural District. The age and location of the structure make it eligible for the Louisiana State Historic Tax Credit program, with a benefit of 25% of Qualified Rehabilitation Expenditures.

Zoning: Residential

Legal: Square 224, Lot 10

 

Terms: All Cash Sale, "As Is, Where Is" Condition, 30 Day closing, 10% Deposit within 48 hours, Balance in 30 days, Seller's Notary, 10% Auction Premium Added To The Winning Bid, with reserve, 2% Of The Bid Price To the Licensed Real Estate Agent That Reserves/Registers The Winning Bidder And Closes The Sale.