Great Investment Oppotunity

23085 Short St, Plaquemine, LA 70764

$115,000 After Repair Value -
$70,000 Asking Price -
$17,000 Cost of Repairs =
$28,000 Potential Profit

Property Details

Asking Price $70,000

After Repair Value $115,000

Costs of Repairs $17,000

Potential Profit $28,000

Living Area 1600 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms N/A

Parking 2

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $1,100

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Excellent fixer upper property right in the heart of historic downtown Plaquemine. Asking $70,000 obo Estimated Rehab: $17,000 ARV Value: $125,000 Rental Rate: $1,100/month 2 Bed / 1 Bath 1,600 Sq Ft. Huge Corner Lot 2 Car Garage in Backyard Original Hardwood Floors Home Values in the Neighborhood 57480 Trosclair Street, Plaquemine LA 70764 - $173,000 57840 Guidry Street, Plaquemine LA 70764 - $194,500 57833 Laville Street, Plaquemine LA 70764 - $228,000 Property sold as-is cash only Buyer must perform own due diligence

Repairs Needed

Will need cosmetic work to bring up to value. Plumbing and electrical are sound. Roof will need to be replaced in the next 5 years.


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