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4 bed 4 Bath 75% Completed New Construction
Front
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| Residential, Arabi LA | |
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SELLER FINANCING 5K DOWN AND OWNER WILL CARRY THE NOTE 45k FOR 6 MONTHS!!!! TIME TO REHAB AND FLIP, OR REHAB, HOLD AND REFINANCE.
REHABBERS - It won't come served on a plate better than this. If you have been dying to do a rehab, this is how you get it done.
Don't let this be a regret. |
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| Price: | $50,000 | | Est Amount of Repairs: | $50,000 |
| After Repaired Value: | $140,000 | | Est of Taxes, Ins, Attorney: | $0 |
| Est Equity: | $90,000 | | Required Deposit: | $5,000 |
Contact Us About This Property
$5,000 down and owner will carry the note ($45,000) for 6 months!! Time to rehab and sell, or rehab, hold and refinance
Take a look at this great deal we just got. LRA money was received but it wasn't enough to comeplete the property, now it is being sold at a huge discount.
Don't miss this opportunity to finish a slam dunk rehab. No gremlins here.
The residence is located at 509-511 Community Street and is a 2400 square foot home raised wooden frame structure that is currently under renovation. The home was converted from a (2) Bedroom / (2) Bath rental duplex and into a (4) Bedroom / (4) Bath single family home. The home has all new sewer lines, plumbing lines, gas lines, double insulated windows and rear French Doors and a New Roof. It is 95% complete on electrical wiring and has a new panel and meter mounted on the side of the home and it does currently have main electrical service connected to it. The house has (2) master bedrooms; (1) which contain a new 70-gallon soaking Jacuzzi tub with built in circulation heater and large (2) person shower. The other one contains a standard Jacuzzi tub with shower. The main bathroom has tub/shower, toilet and pedestal sink and the other bathroom has a standup shower with a toilet with sink and vanity. The house contains a foyer, large living room, kitchen, dining room and utility room large enough for a heavy-duty washer, dryer and pedestal. The inside of the home is still in open 2 X4 frame condition with some sheetrock installed and some hard board installed in the bathrooms. The backyard is large and has a 4 ft wide clearance on each side of the home. One side of the yard entrance is completely concrete while the other side is just grass. It also has a wooden fence that is 8 ft. tall that surrounds the yard and has (2) fruit trees growing in it too. There is currently a 32-foot above ground oval pool that is 5½ ft. deep in the yard and it can be bought with the home or it will be removed
Lot next door is currently available through the lot next door program.
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Additional Photos (Click to Enlarge)
Front Left
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Back Yard
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Ride Side
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Lot Available
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Neighborhood Left
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Neighborhood Right
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Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Purchase Pre-Qual
Hard Money Pre Qualification Worksheet
Listing Details
| Market: | SE |
| Address: | 509 Community Street
Arabi,LA 70032 |
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Vacant: | Yes |
| Rented: | No |
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Contact information:
 | Bryan Holmes
707-534-1577 ext. 107
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Additional Comments:
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How to Buy
To put this property under contract please download the Contract Package (see Related Documents above). Fill out and send back to us along with the required deposit.
* All properties Subject to errors, ommissions, deletions, additions, cancellation, financing qualification if applicable and prior sale. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due dilligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed.
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