1816 St Philip St, New Orleans, LA 70116

Single Family / 3 Bedroom(s) / 2 Bath(s)

Property Status:  For Sale | $215,000.00 | 


Property Photos


Nearly finished rehab turned REO seeking a "second chance" investor!


Property Status:
For Sale | $215,000.00
Property Details:
Single Family / 3 BR / 2 BA
Property Style:
1-Story
Year Built:
2021
Finished Sq Ft:
1,500
Basement:
No Basement
Owner / Agent:
Real Estate Agent
Property Features:
Patio
Porch
Fenced Yard
Nearly finished rehab turned REO seeking a second chance.
Contact Info
Property Description:

 

Exciting Investment Opportunity

TREME: Incomplete rehab project turned REO! Seeking investors interested in a rental property. 

Hello friends and neighbors,

 

1816 Saint Philip Street
3br/2 full bath 1500SF

This property was renovated nearly to completion, when the lender foreclosed. 
(note - the current seller is not the same entity that foreclosed on the loan) 

Seller is calling for all offers - the project needs a small handful of finishing touches. Electricity is connected, everything is done except external HVAC condenser (and it's electrical), and some interior finishing like pantry shelving and closet rods, etc.

ARV is easily $300k+ 
The home needs about $35k in additional repairs. 
Listing price: (recently reduced) $215k

This property offers excellent potential for investors interested in a rental property in the Treme area. Located on Saint Philip Street about mid-way between Bayou St John and the French Quarter, it is ideal for anything from regular residential leasing, to short term or corporate rentals.

To learn more about this listing and schedule a showing, please contact the listing agent Brandon Meyer with Vylla Home Louisiana. This property is listed on the MLS: 2450279

Thank you!! 

Brandon J. Meyer
Realtor® | Vylla Home 
E-mail | brandon.meyer@vylla.com  
Phone | (504) 421-2764

 


Licensed by the Louisiana Real Estate Commission LREC#995705838

 



Legal Disclaimer:
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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