This may be a great deal for you. Property: 551 Wilker Neal Ave. New Orleans, LA 70123 Specs: 2bd/1ba 650 sqft Deails: Property is in livable condition as you can see on the pictures. It can be rented out immediately or renovated. Rent was going for 750 + a month There is no central air. The plumbing, roof, and electrical are all intact. The home is vacant and empty. The house has an addition in the back that has the potential to turn the house into a 3bd/2ba or to be a separate studio but it needs to be rehabbed. ARV:125k Comparable Sales: - 119 Providence Lane. 0.32 miles away from above property Sold for $70,000 on March 10, 2017 *Bigger in size but worst in condition. - 207 Marmandie Ave. 0.27 miles away from subject property Sold for $190,000 on Feb. 9, 2017 *Property is fully rehabbed but it gives you an idea of what properties are being sold for in the immediate area. - 309 N Upland Ave. 0.62 miles away from subject property. 2br/1ba 1,000 sqft sold for 55,000 on Dec 1, 2016 and was in bad condition Lance Comer Investing Heroes 504-475-7034
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