220 Maumus Ave, New Orleans, LA 70131

Description

VALUE. SPACE. POTENTIAL. — A RARE OPPORTUNITY IN 70131What if your next home—or your next investment—started with the opportunity to create something of your own?At $120,000, 220 Maumus Avenue offers approximately 1,500 square feet of living space on an expansive 9,792-square-foot lot, creating an exceptional opportunity for a buyer who understands the value of location, land, space, and potential.This 2-bedroom, 1-bath home is vacant, offering a clean slate for its next owner. Whether you’re a first-time buyer looking for an attainable path to homeownership or an investor seeking a renovation project with the potential to add value, this property deserves a closer look.Inside, the generous footprint provides room to reimagine the home according to your goals and budget. Existing improvements include kitchen cabinetry approximately five years old, a newer hot water heater, updated electrical panel/circuit breaker, and an HVAC system that has been regularly serviced. A termite contract inspection was completed in June.And then there’s the lot—nearly a quarter acre and approximately 72’ x 135’—providing valuable outdoor space and flexibility that is increasingly difficult to find at this price point.The opportunity here is not about buying someone else’s finished vision. It’s about creating your own.For the first-time buyer, this may be the chance to purchase at an accessible price point and build equity through thoughtful improvements. For the investor, the combination of size, lot, acquisition price, and renovation potential creates an opportunity worth running the numbers on.The property is being offered in its present condition. Utilities are currently off, no kitchen appliances are present, and the roof, systems, mechanicals, and other components should be independently evaluated by the buyer during inspection and due diligence. Buyers are encouraged to bring their contractor, lender, and/or investment team and conduct their own analysis.The numbers deserve a look. The lot deserves a look. The possibilities deserve a showing.Come see what you can create at 220 Maumus Avenue.