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Active Under Contract

Buy a houseat 1631 PIETY Street, New Orleans, LA 70117

$135,000

$0/mo

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Residential

1,688 Sq. Ft.

0 Sq. Ft. lot

4 Bedrooms

2 Bathrooms

155 Days on market

2425256 MLS ID

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About 1631 PIETY Street house

Attention investors and savvy buyers. Owner will finance. 2 year balloon max, 25% down, amortized over 20 years and 6.5% rate. Here is your chance for an income property that will keep increasing in value. This fixer-upper is an unique gem, featuring not one but two homes on a single lot with two separate electric meters. Located in a fast growing neighborhood, only about a 5 minute drive into the French Quarter and 10 minutes from the Central Business District of New Orleans. The property is vacant, gutted, and has a new roof. It offers the endless potential for the buyer to transform into their dream investment or personal residence. The main house is 1156 square feet currently a 3 bedroom 1 bath, and the guest house is 1 bedroom 1 bath with about 532 sqf of living space. It has an attached garage that could be enclosed to create a second bedroom, which would also increase the living square footage to 752 sqf and add a second bedroom. Both homes have been gutted, providing a blank canvas for the buyer to unleash their creativity. Customize both homes to suit different needs, whether it be multi-generational living, investment, income property, or simply having a seperate space for guests, work, home office.
Attention investors and savvy buyers. Owner will finance. 2 year balloon max, 25% down, amortized over 20 years and 6.5% rate. Here is your chance for an income property that will keep increasing in value. This fixer-upper is an unique gem, featuring not one but two homes on a single lot with two separate electric meters. Located in a fast growing neighborhood, only about a 5 minute drive into the French Quarter and 10 minutes from the Central Business District of New Orleans. The property is vacant, gutted, and has a new roof. It offers the endless potential for the buyer to transform into their dream investment or personal residence. The main house is 1156 square feet currently a 3 bedroom 1 bath, and the guest house is 1 bedroom 1 bath with about 532 sqf of living space. It has an attached garage that could be enclosed to create a second bedroom, which would also increase the living square footage to 752 sqf and add a second bedroom. Both homes have been gutted, providing a blank canvas for the buyer to unleash their creativity. Customize both homes to suit different needs, whether it be multi-generational living, investment, income property, or simply having a seperate space for guests, work, home office.

Property details

Construction materials

Vinyl Siding

Cooling

Central Air

Fireplace features

None

Foundation details

Raised

Slab

Heating

None

Levels

One

Lot features

City Lot

Rectangular Lot

Other structures

Guest House

Parking features

Garage

Parking Lot

Pool features

None

Property condition

Fixer

Roof

Shingle

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$837/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Mar 23, 2023

Price

$115,000

DatePrice
Mar 23, 2023$115,000

Schools

This home is within the Orleans Parish.

New Orleans & Gretna enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$126,900

+$4,050

$130,950

Seller agent commission$4,050 (3%)*

$0 (0%)

Buyer agent commission$4,050 (3%)*

$4,050 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $4,050 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in Louisiana
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  • Real Estate for Sale in Louisiana

Unreal Estate checked: May 11, 2024 at 9:08 p.m.

Data updated: May 6, 2024 at 3:27 p.m.

Courtesy of REVE, REALTORS.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 Gulf South Real Estate Information Network. All Rights Reserved.

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