🏡💥 Total Renovation Opportunity in Gentilly, New Orleans!💥🏡

Orleans Parish, New Orleans, LA, 70122
Sold
Listed at: September 21st, 2023
Price
$39,000
ARV
$230,000
Gross Margin
$191,000
Sq. Footage
1511
Type
Single-Family
Parking
Driveway
Year build
1955
Lot size
acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

💥 Total Renovation Opportunity in Gentilly, New Orleans!🏡

Cash Only


Calling all savvy investors! This is the opportunity you've been waiting for – a complete flip project in the desirable Gentilly neighborhood of New Orleans. With a 2-bed, 2-bath home in need of a total overhaul, this property is a canvas ready for your expertise and vision.


🌟 Key Investment Features:


✅ Total Renovation: This property is a blank slate, waiting for a transformation that can maximize its potential and value.


✅ Prime Location: Located in the sought-after Gentilly area, with a strong market demand for revitalized homes.


✅ X Flood Zone: Rest easy knowing your investment is protected in an X flood zone, reducing insurance costs and risk.


✅ Fix & Flip Potential: With a full renovation, this property can be turned into a lucrative investment by reselling for profit.


✅ Endless Possibilities: Customize the layout, select the finishes, and create a property that stands out in this growing market.


🚗 Convenient Location: Quick access to downtown New Orleans and major transportation routes ensures convenience for future homeowners.


This project presents a golden opportunity to turn a neglected property into a profitable investment. Investors with an eye for potential and a knack for renovation will find this project particularly appealing.


Only available to cash buyers who can close quickly. Buyers pay both (buyers and sellers) closing costs. ALL figures provided as a courtesy, buyer to verify all information. NOTE: $2,500 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled. Buyer must close with cash or hard money loan, and submit proof of funds or approval letter with offer. REALTORS: If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission. Prices are based on an expeditious closing projected at 30 days or less. All properties are sold in as is condition. Seller makes no warranty of any kind, expressed or implied, regarding the condition, square footage, insurability, verification of septic or sewer connection, structural, plumbing, electrical or mechanical systems, wells, heating, air conditioning, appliances, soil, foundation, pool/spa, and related equipment, environmental hazards (such as asbestos, formaldehyde, radon gas, lead based paint, fuel or chemical storage tanks, hazardous waste, landfills, high voltage electrical lines, location near superfund areas, endangered species, water quality, geologic conditions), location of property lines, water/utility use restrictions, flood plain, building permits or compliance with building codes, zoning, the occurrence of disease, death, homicide, suicide, or other crime in the vicinity of the premises. Everything, not limited to the above referenced items, is the responsibility of the buyer to investigate and satisfy to a level suitable to the buyer, prior to signing a contract to purchase the property or depositing earnest funds. Typically the seller gathers information regarding square footage, lot size, year built, condition, values, etc. from the Assessor's website. Although it should be accurate, it has been known to produce varying information on occasion. The Seller is not held liable for any information released to the buyer from any source referenced for the buyer's convenience. Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer's responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer's responsibility and they should be diligent in determining market value. NOTE: Some of our properties are occupied. Please call to setup viewing appointment, please do not disturb occupants. Seller of this property either owns or has equitable contractual interest in the properties marketed. All properties Subject to errors, omissions, deletions, additions, cancellation and are sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller.

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

Kayla M

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