Property Description:
5727 Royal St , New Orleans, LA, 70117 DUPLEX
Basic Info
2 Bed 1 Bath (Each side)
Total Count: 4 Bed 2 Bath
1,352 sq ft
Repairs: 40k * (licensed contractor Included)
ARV: 210k
Yours for Only: 89.9k / OBO
$1k deposit
must be able to close quick
Additional Info
5727 Royal St is a Duplex in the up and coming Holy Cross neighborhood of Orleans Parish. The property is worth around $210K - 238K fixed up before the market rises & prices in all of New Orleans increases in the next 6 - 8 Months. This beauty can be listed with a Realtor on the MLS for $250,000 easily. Tax value is about $9,460. This historic multi family home is a 2 Bed & 1 Bath each side. The approx square footage is exactly 1,352. The total lot size is exactly 2,464 Sqft almost 0.06 acres long. This home requires some rehabilitation with approximate repairs of $40,000 in work minus the labor cost. All together 5727 Royal St is a great investment opportunity due to its history and location minutes away from Universities, Downtown, and French Quarter. Our asking is $89.9k
Why consider?
• 5727 Royal St can be used as an Airbnb once renovated that cash flows $3,500 a month each side. Does that excite you even more?
Think about it you can Flip then sell or Flip, collect cash flow every month then sell for a big profit of $250,000 once you’re tired of it.
• New & soon to be construction going on inside and outside of the neighborhood. Catch the trend before it’s too late. The Value is about to increase in 6 - 8 months from now.
Asking price is $89,900/ obo
Lets make a deal before the new year!