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ATTN INVESTORS-Instant $25-50k Equity! 4BR/2BA in Desirable Location
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Property Description |
MUST GO IMMEDIATELY
This is a GREAT opportunity for someone to generate some quick equity or flip for profit!
This 4BR/2BA 1.5 Story home is located in a very desirable Moss Bluff location with great schools, convenient shopping and close access to HWY171
It is Approx 2000 sf
This property received wind damage during hurricane Rita and will require some basic repairs. House did NOT flood!!! It is NOT in Flood Zone!!! After waiting for LA Road Home for over 1.5 years to reach a grant offer we have opted to move out-of-state & cut our losses by letting this property go at enough to break even on the mortgage! There may even be a possibility of transferring Road Home Grant $ to the purchaser!
Regardless, this house has lots of potential and most homes in this area are selling for $125-150k!!! And very few are 4 BR!!! If someone wants to dump some TLC & a modest amount of cash into refurbishing this location you'll likely end up with an instant $25-50k of equity!!!
Here are some of the features
HUGE 2+ care garage (approx 25x30)
Lots of storage
3/4 acre lot Privacy Fenced
Inground Pool (over $25K just in pool area!!!)
Heavy Rain & Power loss inundated the mechanical sewage system causing backflow of sewage into the downstairs living area. Therefore all floorings were ruined and subsequently removed.
As little as $10k-15k will bring this gem up to speed if you have the time/ability!
Known damage/suggested repairs:
Replace floor coverings
Replace mechanical sewage system
New roofing/shingles required
Remove/Replace damaged sheetrock & insulation due to moisture ingress from roofing leaks
Replace kitchen cabinets
Minor siding replacement in a few spots
Replace pool liner
This is a great opportunity for a do-it-yourselfer to rack up on building some equity or for an investor to invest a modest amount and flip the home for a profit. By being out-of-state it is too demanding of a process to attempt to oversee a General Contractor for completing the necessary repairs!
We simply want out-from under this property to focus on a new start!!!
The attached pics show the pre-storm condition and provide an idea of the potential of this property!
Feel free to call with any questions! Please no Realtors...We will NOT list nor pay any fees as we are losing enough as it is!!! IMMEDIATE OCCUPANCY!!! |
| Contact person: |
owner |
| Seller Type: |
PrivateOwner |
| Phone: |
502-417-5328 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Single Family |
| Price($): |
84000 |
| Street Address: |
Debra Ln at Bellefield |
| City: |
Moss Bluff |
| Region: |
Louisiana |
| ZIP/Postal Code: |
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| Bedrooms: |
4 |
| Bathrooms: |
2 |
| Stories: |
1.5 |
| Square Feet: |
2000 |
| Lot Size: |
0.75 acre |
| Year Built: |
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| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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Additional Feature: |
Garage, Private Pool |
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