2622 Sage St, New Orleans, LA 70122

Property Status: Sold (Wholesale) |  Sold: $62,000.00

2 Bedrooms / 1 Baths / Single Family

Property Photos

Price Decrease- Great Wholesale deal on Gentilly Rental Property

Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $62,000.00
Property Details:
2 Bedrooms / 1 Baths / Single Family
Property Style:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Hidden Treasure Properties LLC.
(504) 615-1570

View on Individual's Website
This property is a cute 2 bd/ 1ba cottage around roughly 900sft. It was previously on the market for $129K. It is currently rented by a disabled section 8 tenant that loves the place and wants to stay. Currently rents for $900/mo-tenant pays all utilities. The inside was updated in 2016(replaced all windows, floors and plumbing.) However, the exterior could use a facelift which is estimated to cost between 6K-8K. The ARV is roughly $120k with an estimated cost of repairs at around $5000. Asking 62K for the contract with a $500 deposit-buyer pays all closing costs and can close ASAP. If you would like to see this property, let me know as soon as possible. Need at least 24 hr notice to confirm with tenant.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

New Orleans Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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New Orleans Real Estate Investors Association
  • (504) 345-9102
  • PO Box 8064
  • Metairie, LA 70011

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