Turn-Key Old Metairie Gem: Rental or Lot Value Tear-Down

Jefferson Parish, Metairie, LA, 70001
Sold
Listed at: June 22nd, 2023
Price
$229,000
Sq. Footage
1000
Type
Single-Family
Parking
Carport
Year build
1997
Lot size
6000.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Investment opportunity in Old Metairie – a turn-key single-family home with an expansive lot for only $229K!

This single-family home has two bedrooms and one bathroom and covers approximately 1,000 square feet. The house has several valuable upgrades and sits on a lot measuring 50×120.

Abbott Price’s market analysis indicates potential rent for the existing structure is $1600+/m.

Investment Highlights:

  • Rental income potential or the opportunity to build
  • Upgraded heating
  • New roof added in 2018
  • Recently repaired fence
  • Beautiful hardwood floors throughout the home
  • Brand-new toilet
  • A spacious 50 X 120 lot offers endless possibilities for expansion

 Immediately generate rental income or build a personalized home by utilizing the 50×120 lot’s value.


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