Property Description:
This 4-bedroom, 2-bath house has excellent potential for fix-and-flip investors. The property is in an X-Flood Zone and sits on a large 75 x 149 lot. Due to storm damage from Hurricane Ida, the property requires a new roof and a complete interior renovation.
Abbott Price’s recent property analysis shows that the estimated after-repair value (ARV) is $195,000.
It is just a short drive away from local amenities in Raceland and within reach of the broader market in New Orleans, which adds to its overall appeal.
Investment Highlights:
4 Bedrooms, 2 Baths, and 1500 SqFt
Lot size 75 x 149
X flood zone
Estimated ARV – 195k
Ten minutes from Raceland and less than an hour from New Orleans