Before bidding is allowed, please follow the steps below.
Step 1: Acknowledge that you have read the Terms & Conditions and Sample Purchase Agreement Here
Step 2: Register for the Online Auction
You will be notified by email of bidding approval.
Gentilly Opportunity
2739 Jonquil St., New Orleans, LA 70122
ONLINE BIDDING - November 5th - 11th
STARTING BID: $10,000
Gentilly 2-bedroom, 1-bath, 976 SF, raised cottage on a 22' x 120' lot. Lot next door also available. Buy one or both. Gutted, needs work.
The shotgun house located at 2739 Jonquil Street, New Orleans, is a historic structure that dates to c. 1920. It is located in the National Register Edgewood Park Historic District. The age and location of the structure make it eligible for both the Federal and Louisiana State Historic Tax Credit programs, respectively worth 20% and 25% of Qualified Rehabilitation Expenditures.
Land Size: 22' X 120'
Zoning: Residential
Legal: Square 8, Lot 2A, Section 12, Parcel A, Edgewood Park
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.


