Investment properties and project homes are rare in this market place. Now is the time to take advantage of this exceptional opportunity to complete the renovation and maximize your returns. This property offers the potential for both short-term gain through a profitable “flip” or long-term benefits from rental income and value appreciation. The recent upgrades include a new architectural roof, windows, and stylish vinyl “wood-plank” flooring. The kitchen cabinets and granite counter are new. There’s a new bathroom vanity there – it just needs to be installed. Entergy just set a new power pole in May, so there is a new meter box and main panel. Unfortunately, gas and water lines need connection repairs before these systems can be tested or inspected. Additionally, the property is situated in Flood Zone "X," however the seller does not have an active policy. Don't worry, a quote for a new flood policy is conveniently attached to the listing. Take advantage of rehabilitation loans as a first-time homebuyer or leverage your LLC to potentially borrow up to 75% of the property's post-repair value. Call/text or email for more details of the possibilities and secure your investment today!
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Listing Office: RE/MAX N.O. Properties