Summary
HUGE POTENTIAL! 2912 and 2914 Convention St. are being sold together.
- 2914 Convention St.: The main house is a 3 bedroom, 2 bathroom gem with 1416 sq. ft.
- 2912 Convention St.: A cozy 1 bed, 1 bath retreat spanning 700 sq. ft. Each address sits on its own parcel, offering the flexibility of separate sales. This presents a unique opportunity for either a fix-and-flip investor or a buyer looking to hold and rent out both units.
🛠️ As seen in the pictures, both units boast new roofs and are in excellent condition overall, awaiting an investor to take over and complete.
PROPERTY DETAILS:
- After Repair Value (ARV): $270,000
- Estimated Repairs: $25,000
- Asking Price: $120,000
INVESTOR COMPS:
802 S Eugene St, Baton Rouge, LA 70806
- Purchase: $157,000 on 12/28/2022 by Landry Homes, LLC
- Sold: $270,000 on 07/12/2023 after renovation. (View Property)
136 S Eugene St, Baton Rouge, LA 70806
- Purchase: $135,000 on 10/31/2022 by Michael Paul Properties, LLC
- Sold: $273,000 on 05/02/2023 after renovation. (View Property)
NON-INVESTOR COMPS:
610 Kenmore Ave, Baton Rouge, LA 70806
- Sold: $334,000 on 09/28/2023 (View Property)
702 Arlington Ave, Baton Rouge, LA 70806
- Sold: $225,000 on 09/18/2023
🚫 None of the above comps offer an ADU/ Second property like this unique offering does.
📞 CONTACT: Disposition Team Manager, Gary Frausto.
- This is an as-is deal, with the buyer responsible for all escrow and title fees for the seller.
Don't miss out on this exceptional investment opportunity!
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold