Rent ready 3 bedroom house in NOLA East! House has central HVAC, a large yard, and a washer/dryer in the house. Off-street parking, large bedrooms, and 2 full bathrooms allow for a major BRRRR or cash flow opportunity! There is a bonus room that could turn into a 4th bedroom. House is raised, HVAC is older but in working order. Roof is 8-10 years old according to seller. Smaller cosmetic updates needed throughout, mainly just paint and drywall from normal wear and tear. House will be delivered vacant at act of sale.
Rental comps for similar sized/condition houses are $1,500/mo. If you decide to complete a full renovation, ARV is $230,000. Either way, at this price point you’re in a great spot with instant equity!
Interested? Call or text Shane at (504) 517-4450