651 bourbon street

This property will be sold at ONLINE AUCTION. LIST PRICE REPRESENTS OPENING BID. Bidding opens at 12 Noon on Monday, January 22, 2024 and closes at 1:00 pm on Wednesday, January 24, 2024. Triplex in need of renovations. Perfect property to add to the portfolio of a seasoned investor OR ultimate househack opportunity! Live in one unit, rent the other 2 and live mortgage free! This sale includes all 3 units. 651, 653 and 655 Bourbon St. 651 is 3 bedroom 1.5 bath, roughly 1300sf. 653 and 655 are both 2 bedroom 1.5 bath, roughly 950sf. Separate electric meters for all 3 units. Separate gas meters for units 651 and 655 (no gas service to 653). One shared water/sewer meter. Property was appraised in December at an as-is value of $390,000. This is an online only auction. All bids need to be placed through Homesaleplus. DO NOT submit offers to the listing agent. 7% buyers premium will be added to the winning bid. A licensed agent is not required to bid but a licensed agent must be present for showings. Sale is AS-IS, property is in need of major renovations, no conditions are guaranteed. Buyers and Agents can register online where a complete due diligence package is available for review which includes photos, appraisal, Neighborhood Scout and more. In order to receive a commission, Buyer's Agent must be registered as an agent on Homesale.plus prior to the time buyer places 1st bid. 10% EMD required at time of contract execution. (dimensions in floor plans are roughly estimated and actual SF is believed to be larger, 3568sf in total according to tax records).