💥Old Jefferson Single Family Flip/Tear-Down Lot Value!

Jefferson Parish, Jefferson, LA, 70121 view full address
For Sale
Listed at: August 22nd, 2024
Price
$89,000
Sq. Footage
900
Type
Single-Family
Parking
Off street
Year build
1965
Lot size
acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Old Jefferson Single Family Flip/Tear-Down Lot Value!
This property has 2 bedrooms, 1 bathroom, approximately 900 square feet, and is in an X-Flood zone.

It is currently vacant and requires shoring work and a complete renovation. A recent Abbott Price property analysis indicates an estimated after-repair value (ARV) of $215,000.

The lot, which measures 50 x 130, has significant potential for MLS due to its proximity to Ochsner Medical Center Main Campus. The area has seen lot value tear-down sales reach as high as $170,000 without requiring demolition.

The location is ideal: just 5 minutes to Ochsner Medical Center Main Campus, 10 minutes from New Orleans, and 20 minutes from MSY International Airport. This offers a significant opportunity to maximize your investment returns in a high-growth area.

Investment Highlights:

  • Located in an X-Flood Zone
  • Estimated After Repair Value (ARV): $215,000
  • 2 bedrooms and 1 bathrooms
  • Approximately 900 SqFt
  • Lot Size: 50 x 130
  • Lot value tear-down estimated at $170,000.
  • 5-minutes to Ochsner Medical Center Main Campus
  • Just 10 minutes from New Orleans and 20 minutes from MSY International Airport

    Call Brian for more information at 504-207-1024
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brian Mahon

★★★★★
★★★★★
No reviews

Disposition manager