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 Contact Us About This Property
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Great Westbank Townhouse Style 4 plex Needs TLC
Front
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| Residential, Gretna LA | |
Available |
TOWNHOUSE STYLE 4 PLEX HUGE UPSIDE
NEEDS MINOR REHAB TO TURN THIS INTO A CASH FLOW MACHINE WITH EQUITY!!! CALL NOW THIS WILL NOT LAST |
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| Price: | $100,000 | | Est Amount of Repairs: | $30,000 |
| After Repaired Value: | $210,000 | | Est of Taxes, Ins, Attorney: | $0 |
| Est Equity: | $80,000 | | Required Deposit: | $2,000 |
Contact Us About This Property
Townhome style 4plex around Terrytown and the mall in Gretna. Working class neighborhood. Each unit has 2 bedrooms and 1.5 baths. Master bedroom has an over-sized loft. 80K in Equity and opportunity to turn on the cash flow machine!
Description of Repairs:
Mostly cosmetic. Three of the units had some vandalism and some of the copper was stolen. The good news is that each unit has a shared wet wall with its neighbor, so the repairs will be focused on one wall in each of the units. So, only two walls will need to be accessed. Previous owner had a bid for between $1200-2000 for the repairs to all the units. The remaining work is going to be your typical cosmetic updates needed to get the better rents. Paint, carpet, kitchen and bath updating etc. Roof appears solid.
Great rental area. These appear to be the only vacant units on the entire street. Nothing on this side of town lasts too long.
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Additional Photos (Click to Enlarge)
Upstairs Bathroom
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MasterBedroom
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Living Room
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closet
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kitchen
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GuestBedroom
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Bathroom
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Rear
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Loft in Master
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Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Listing Details
| Market: | SE |
| Address: | 728 Hinyub
Gretna,LA 70056 |
| Bedrooms: | 8 |
| Bathrooms: | 8 |
| Vacant: | Yes |
| Rented: | No |
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Contact information:
 | Bryan Holmes
510-508-4008
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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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