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Buy - Sell - Rent - Invest

1657 Sere Street
New Orleans, LA 70122
 (504) 421-2764
Contact Us

1657 Sere Street
New Orleans, LA 70122
 (504) 421-2764
Contact Us

1816 St Philip St, New Orleans, LA 70116

3 Bedrooms / 2 Baths / Single Family

Property Status:  For Sale | $215,000.00 | 



Nearly finished rehab turned REO seeking a "second chance" investor!


Property Status:
For Sale | $215,000.00

Property Details:
Property Style:
1-Story
Year Built:
2021
Finished Sq. Ft:
1,500
Basement:
No Basement
Owner/Agent:
Real Estate Agent

 

Exciting Investment Opportunity

TREME: Incomplete rehab project turned REO! Seeking investors interested in a rental property. 

Hello friends and neighbors,

 

1816 Saint Philip Street
3br/2 full bath 1500SF

This property was renovated nearly to completion, when the lender foreclosed. 
(note - the current seller is not the same entity that foreclosed on the loan) 

Seller is calling for all offers - the project needs a small handful of finishing touches. Electricity is connected, everything is done except external HVAC condenser (and it's electrical), and some interior finishing like pantry shelving and closet rods, etc.

ARV is easily $300k+ 
The home needs about $35k in additional repairs. 
Listing price: (recently reduced) $215k

This property offers excellent potential for investors interested in a rental property in the Treme area. Located on Saint Philip Street about mid-way between Bayou St John and the French Quarter, it is ideal for anything from regular residential leasing, to short term or corporate rentals.

To learn more about this listing and schedule a showing, please contact the listing agent Brandon Meyer with Vylla Home Louisiana. This property is listed on the MLS: 2450279

Thank you!! 

Brandon J. Meyer
Realtor® | Vylla Home 
E-mail | brandon.meyer@vylla.com  
Phone | (504) 421-2764

 


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