
Courtesy of: Jimmy Stewart, Primeaux Realty, LLC
$110,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.25 Acres
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Single Family Residence
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$110,000
1223 Norris Drive GOOD BONES WITH A GOOD FLOOR PLAN & FLOW PLAN. Home includes long driveway to a large 2 car garage and shop off to the side. Home will appraise for the sales price but will need repairs as a result of the appraisal. Owners are not willing to make any repairs as a result of home inspections or appraisal, They want to sell the home AS-IS condition. Buyers looking for a bargain should look in to interim financing to include the sales price of the home along with the closing costs, pre-paids (for your taxes and insurance) and the costs to update and remodel the home (approximately $25, 000 + - $5, 000) with a local bank or hard money lenders and convert it onto a mortgage of choice (VA, FHA, Conventional) when complete. Home should then appraise for close to $160, 000 (+ - $5, 000) earning you potentially $25, 000+ in instant equity (profit potential). Great home for Investors looking for a home that needs TLC for their rental portfolio via DSCR loan or hard money lending. Home should rent for $1, 800 (+ - $100). Located close to I 20, I 220, I 49, Barksdale AFB, Global Strike, BPCC, downtown Shreveport & Bossier, great blue-ribbon schools and the best shopping & dining the area has to offer off Airline. looking for a buyer with a vision who can see the Forest Through the trees! If this is you give me a holla to preview the home and discuss your options. Rooms sizes and all aspects of the home are believed to be true and accurate, but it will be the buyer's responsibility to verify.
Courtesy of: Jimmy Stewart, Primeaux Realty, LLC
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