Property Description:
This charming property is conveniently located in an X-Flood zone in the heart of Westwego. The home features 4 bedrooms, two bathrooms, and approximately 1,200 SqFt of living space.
The roof is approximately five years old, and the home appears to be in very good working order with no major visible repairs necessary at this time.
The property is currently tenant-occupied, bringing in $1,200/month in rent. A recent Abbott Price property analysis indicates a potential rental income of $1,600/month after upgrades, and an after-repair value (ARV) of $199,000.
Located adjacent to HWY 90 and the Huey P. Long Bridge, just 30 minutes from the airport and CBD, makes it an ideal opportunity to invest in a growing neighborhood!
Investment Highlights:
Located in an X-Flood Zone
4 bedrooms and 2 bathrooms
Approximately 1,200 SqFt of living space
Estimated After-Repair Value (ARV): $199,000
Potential rental income of $1,600/month after updates
The roof is approximately five years old
Easy access to HWY 90