12
See all 12 photos
$120,000
Est. payment /mo
3 Beds
1 Bath
1,520 SqFt
Active
4529 Stemway Drive New Orleans, LA 70126
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $78
MLS Listing ID NO2500402
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 2001
Lot Size 5300.000 Acres
Acres 0.1217
Property Sub-Type Detached Single Family
Property Description
4529 Stemway Dr, New Orleans, LA 70126 Offered in As-Is Condition - Great Investor Opportunity Located in the quiet and family-oriented Stemway Subdivision, this 3-bedroom, 1-bathroom single-family home offers approximately 1,500 square feet of living space on a 5,300 square foot lot. This property presents an excellent opportunity for investors seeking a value-add project in an established neighborhood experiencing new growth, including multiple new construction homes on the same street. The home features a spacious floor plan with an addition on the left side that serves as the third bedroom. Please note: the addition has a roof leak that has resulted in significant mold on the ceiling sheetrock, which will require full demolition and replacement. The two original bedrooms also have holes in the wood flooring that need to be addressed. A recent estimate from licensed contractors suggests approximately $10,000 in repairs to bring the home to standard condition. Previously used as a rental property, this home holds solid potential either as a long-term investment or a renovation and resale project. With new developments nearby, there is strong potential for equity growth. Key Features: 3 Bedrooms | 1 Bathroom Approx. 1,500 sq ft living area 5,300 sq ft lot Quiet, residential street Investor-friendly with renovation potential Surrounded by new construction homes This is a rare opportunity to own in a growing neighborhood at an affordable price. Don't miss out on the chance to bring this home back to life and capitalize on its potential.
Location
State LA
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 5
Listed by The EGroup, LLC