Chalmette Single-Family Flip!

This single-family home, situated in an X-Flood zone, offers a great opportunity for investors looking for a renovation project with substantial potential in a desirable area of Chalmette.

The home features 4 bedrooms, 1 bathroom, and approximately 1,470 square feet, with a layout that allows for the addition of a second bathroom, creating a more marketable 4-bedroom, 2-bathroom floor plan. The property needs a new roof, as well as cosmetic renovations and updates.

A recent Abbott Price property analysis indicates a potential After Repair Value (ARV) of $250,000. This significant ARV highlights the opportunity for substantial post-renovation financial growth.

About The Neighborhood

Chalmette has become an increasingly attractive market for real estate investors because of its affordability, proximity to downtown New Orleans, and steady buyer demand. This property offers investors an opportunity to enhance its value through a well-planned renovation. Its favorable flood zone designation, close proximity to Chalmette High School, functional layout, and significant growth potential make it a compelling addition to any investment portfolio.

Property Highlights

• Estimated After Repair Value (ARV): $250,000
• Convertible to 4-bed, 2-bath.
• Approximately 1,470 SqFt
• Located in an X-Flood Zone
• Roof replacement required
• Cosmetic renovations and interior updates needed
• Strong fix-and-flip or long-term investment potential
• 10 min. walk to Chalmette High School

Contact Abbott Price at 504-407-1024