💥Single Family Flip in an X Flood Zone!

River Ridge, LA, 70123 view full address
For Sale
Listed at: October 10th, 2024
Price
$199,000
Sq. Footage
1650
Type
Single-Family
Parking
Off street
Year build
1966
Lot size
acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Investment Opportunity in Sought-After River Ridge!

This single-family home presents a unique investment opportunity in the highly sought-after River Ridge area. It features 3 bedrooms, 2 bathrooms, approximately 1,650 SqFt, and is located in an X-Flood zone.

This property needs a new roof and interior cosmetic repairs and upgrades, signaling a significant opportunity for financial growth.

According to a recent Abbott Price property analysis, the potential After Repair Value (ARV) is estimated at $430,000. This significant ARV highlights the potential for substantial financial growth post-renovation.

Conveniently located just 15 minutes from Downtown New Orleans via the Earhart Expressway, with an abundance of shopping and dining options at the nearby Elmwood Shopping Center, this presents an attractive opportunity for a single-family flip.

Investment Highlights:

• Estimated After Repair Value (ARV): $430,000
• X-Flood zone
• 3 bedrooms and 2 bathrooms
• Approximately 1650 SqFt
• Located in the highly sought-after River Ridge area, just 15 minutes from Downtown New Orleans

Call Brian for more information 504-407-1024

See attached comps

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brian Mahon

★★★★★
★★★★★
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Disposition manager