Investment Opportunity in Sought-After River Ridge!
This single-family home presents a unique investment opportunity in the highly sought-after River Ridge area. It features 3 bedrooms, 2 bathrooms, approximately 1,650 SqFt, and is located in an X-Flood zone.
This property needs a new roof and interior cosmetic repairs and upgrades, signaling a significant opportunity for financial growth.
According to a recent Abbott Price property analysis, the potential After Repair Value (ARV) is estimated at $430,000. This significant ARV highlights the potential for substantial financial growth post-renovation.
Conveniently located just 15 minutes from Downtown New Orleans via the Earhart Expressway, with an abundance of shopping and dining options at the nearby Elmwood Shopping Center, this presents an attractive opportunity for a single-family flip.
Investment Highlights:
• Estimated After Repair Value (ARV): $430,000
• X-Flood zone
• 3 bedrooms and 2 bathrooms
• Approximately 1650 SqFt
• Located in the highly sought-after River Ridge area, just 15 minutes from Downtown New Orleans