3706 Franklin Avenue, New Orleans, LA

4 Beds,   ---  Baths,   2533  sqft     For Sale By Owner    Asking: $160,000

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Specification
Bedrooms: 4
Bathrooms:
Square Feet: 2533
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Description

This Single Family Home has Great Potential!!!!The home features 2533 of square footage, 4 Bedroom, 3 Baths, Living, Dining, Den, Kitchen with a small nook and off street parking.

I am motivated sell the property ASAP!!!! However, all unreasonable offers will be rejected.

I am willing to come down on the asking price, if there isn't a realtor involved.

Repairs: 52,000 Full renovation cost

The comps used in the report are solid.

Profit 63k

This property is eligible for full 203k rehab loan. The property is not eligible for the 203K streamlined program due to the repairs being more than 35K

**** Owner is not interested in listing the property with a realtor**** Owner financing is not available****

Contact Info:

Cortney Lee

Contact Info:

Property Features

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Community Features

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Nearby Schools
School Name Distance Type Grades Enrollment S/T Ratio
Robert Russa Moton Charter School0.4mPublic PK-07 363 18.2
Brother Martin High School0.7mPrivate 07-12 1206 14.5
Gentilly Terrace Elementary School0.7mPublic PK-08 452 17.4
G.w. Carver High School0.8mPublic 11-12 94 7.2
F.w. Gregory Elementary School1.3mPublic PK-PK 105 9.6
St Benedict The Moor School1.3mPrivate PK-04 83 13.4
Nelson Elementary School1.6mPublic PK-08 529 20.8
Life Of Christ Christian Academy1.6mPrivate 01-12 66 9.0
St Leo The Great School1.6mPrivate PK-06 211 13.9
Akili Academy Of New Orleans1.7mPublic KG-06 472 13.9
A.p. Tureaud Elementary School1.9mPublic PK-06 204 18.6
Youth Study Center2.1mPublic 08-11 31 4.3
Benjamin Franklin High School2.1mPublic 09-12 878 17.9
Audubon Charter School2.1mPublic PK-08 808 13.9
St Paul Lutheran Ok2.1mPrivate PK-08 166 13.9
Demographics
New Orleans Louisiana
Population and Land
Population 343,829 4,533,372
Land Area in Square Miles 169.42 43,203.90
Persons Per Square Mile 2,029.4 104.9
Education
College Graduate or Higher 34.4% 22.1%
High Schoolor Or Higher 84.8% 82.8%
Housing and Homeownerhsip
Homeownership Rate 46.9% 66.3%
Median Value of Housing Units $184,100 $140,400
Persons per Household 2.37 2.60
Median Household Income $36,964 $44,991