Description
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!
Location
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Copyright 2022 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. The information being provided is for the consumer.s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence. Updated: 5th June, 2023 10:43 PM (UTC)
Listing Office: RE/MAX N.O. Properties
