99 White St

Charming Fixer-Upper with Prime Location and Great Potential Discover the potential in this 3-bedroom, 2-bathroom home with approximately 1,200 sq. ft. of living space, situated on a generous .74-acre lot. With an After Repair Value (ARV) estimated at $140,000 and an estimated repair and renovation cost of $30,000, this property presents an excellent investment opportunity. This home is located just a 5-minute drive from Southeastern Louisiana University (SELU) and downtown Hammond, making it a convenient choice as a rental for students, buy-and-hold investors, or as a 'handyman special' to finish and move in. Enjoy proximity to local shops, grocery stores, and schools, adding to the property's convenience and appeal. Included in the sale are some building materials that will convey such as flooring, electrical components, an HVAC unit, certain fixtures, and custom painted cabinets, making the renovation process smoother. The current market rent range for similar properties is between $1,200 and $1,300 per month, offering strong rental potential. Please note that the property is being sold as-is. Selling party is authorized as attorney-in-fact with an equitable interest to act on behalf on owner. Buyers are encouraged to verify all information and conduct their own due diligence prior to making an offer. The seller will not be making any repairs before the sale. Repair estimates provided are approximate, and the asking price reflects the estimated cost of rehab and repairs. Financing considerations: The property may not qualify for certain loan types (FHA/VA), so buyers are advised to verify fund availability and lender approval before submitting an offer. Special consideration may be given to cash offers with verified funds. Seize this opportunity to transform this property into a valuable asset. Contact us today to learn more and schedule a viewing!