Rehab For Sale, $55k+ Profit or Equity, your choice

7904 Raleigh Dr, Ethel, LA 70730

$180,000 After Repair Value -
$55,000 Asking Price -
$70,000 Cost of Repairs =
$55,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $180,000

Costs of Repairs $70,000

Potential Profit $55,000

Living Area 2113 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

!!!Rehab for sale!!!! 7904 Raleigh Dr Ethel, LA 70730• 4 Bedroom, 2 Bath, 2113SQFT, .43 Acre, 2 Workshops, Corner Lot, Fenced Back Yard • In HOA Neighborhood WITHOUT being part of HOA• Licensed Contractor in place• Rehab Financing Available @ 6% with good credit• Conservative (appraised) ARV: $180,000• Purchase: $60,000• Seller will pay for closing costs closed by 1st of September, 2018 • Walking distance to large ponds that can be fished• 5 Minutes from the Heartbeat of Clinton• Motivated Seller, all reasonable offers will be heard WANT TO MAKE $500? SHOW THIS TO A FRIEND OR FAMILY MEMBER, AND IF WE CLOSE, YOU GET $500 AT CLOSING NO QUESTIONS ASKED******** It is not habitable in current state** ** Not renting************

Repairs Needed

Full Renovation. \r\nAS AN INVESTOR: $70k induced: New roof, New AC ($7k in $70k set aside but may not need to use it all), Granite, Pergo, Subway tile, New cabinets, Floor tile, all new electrical fixtures- switches - plates - fans - ect, sinks and showers with new hardware, some sheet rock work, all new doors, new door entries.\r\nRETAIL: you have the chance to save $$,$$$ by not upgrading everything

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