Investor Special! 2BR / 1BA Single Family Home New Orleans, Louisiana

Full Description

Investor Opportunity – New Orleans, Louisiana! 9006 Cohn St, New Orleans, LA 70118 Opportunity to acquire a classic New Orleans shotgun-style property in the 70118 zip code. This property offers potential for an investor seeking a renovation project, rental property, fix-and-flip opportunity, or long-term hold. 2 bedrooms 1 bathroom 800 square feet Classic New Orleans shotgun-style home Previously configured as a duplex - Currently configured as a single-family residence Renovation and value-add potential At an estimated $65,000 rehab and a projected ARV of $165,000, this property offers strong potential for a profitable renovation and resale! Renovated two-bedroom, one-bathroom homes in the area may rent for approximately $1,700 or more per month. Recent Comparable Sales 8511 Spruce St, New Orleans, LA 70118 – Sold January 15, 2026 for approximately $353,500 – 2 bedrooms, 2 bathrooms, approximately 966 square feet 1428 Leonidas St, New Orleans, LA 70118 – Sold March 18, 2026 for $185,000 – 2 bedrooms, 1 bathroom, approximately 1,022 square feet The property is being sold as-is. The seller will issue a Quitclaim Deed, making the winning bidder the owner of the real estate. Property Taxes The buyer will assume responsibility for approximately $1,437.96 in 2026 property taxes. These taxes are not due at the time of deed transfer and may be paid directly to the City of New Orleans at a later time. There are no other past-due property taxes. The property is sold strictly AS-IS, WHERE-IS, without any warranties, express or implied, and with a full Louisiana Waiver of Redhibition pursuant to Louisiana Civil Code Article 2520 and related provisions. Buyers are responsible for conducting their own due diligence prior to bidding, including verifying the property’s condition and any title-curative requirements. The seller owns the property outright. This bid is for 100% of the purchase price of the property. Buyer pays $400 for document processing + 12.5% of purchase winning bid as buyer premium