1601 Mirabeau Ave, New Orleans, LA 70122
Single-Family Flip Located in an X Flood Zone!
$109,000
PROPERTY TYPE: Residential
PRICE: $109,000
Address:
1601 Mirabeau Ave,
New Orleans, LA 70122
Square Feet: 4500
Bedrooms: 6
Bathrooms: 3.5
Year Built: 1960
Status: Available

Single-Family Flip Near City Park!

This single-family residence features 6 bedrooms and 3.5 bathrooms, with approximately 4,500 SqFt of living space, and is located in an X-Flood zone.

The property is situated on a corner lot measuring 75×150 and has sustained significant storm damage, requiring a full gut and renovation.

A recent Abbott Price property analysis indicates an estimated after-repair value (ARV) of $500,000 or more following renovations, and vacant land in the area selling for $200,000.

The property is less than one mile from City Park and just 10 minutes from the French Quarter. Nearby schools include Arthur Ashe Charter School, Holy Cross High School, and McDonogh 35 College Preparatory High School.

Area Highlights:

• Located in an X-Flood zone
• Estimated After Repair Value (ARV): $500,000 or more
• Vacant land in the area selling for $200,000
• Corner lot measuring 75×150
• Less than one mile from City Park and just 10 minutes from the French Quarter

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