Attention Investors! Are you looking for a property with above-market return potential? Look no further! This 3 bedroom, 2 bathroom single family home in Chauvin, LA may be the perfect opportunity for you.
The property sustained damage from Hurricane Ida, primarily due to water damage to the interior and roof. While it will need significant rehab including interior and roof replacement, the repair estimate is in the range of $60k - $75k. The affected areas inside the property have already been gutted, so it is structurally ready for a full rehab.
Located in Flood Zone AE (http://maps.lsuagcenter.com/floodmaps/), this property presents a solid option for local investors as a fix & rent or flip investment. It is priced to move, with special consideration given to cash & quick-close capable offers.
Please note that the property is being sold as-is. The seller will make no repairs or concessions prior to or as a condition of the act of sale. The repair estimates are reflected in the asking price. It may not qualify for certain funding/financing types due to the as-is nature of the sale.
If you are interested in this property, please call/text (504) 539-1772 for more information, showing times, or to discuss making an offer. Don't miss out on this opportunity to invest in a property with potential for above-market return.