ZERO OUT OF POCKET OPPORTUNITY OF A LIFETIME with a $1,400 TOTAL MONTHLY PAYMENT. Appraisal on file for $225,000 means you'll have $25,000+ instant equity (profit potential) from day one. MOVE-IN ready home with neutral white on white paint, gray cabinets, vanities and flooring to give the next buyer a… Read More CLEAN PALLET to make this house their home. Practically everything is new to include stainless steel appliances, HVAC, tankless water heater, lights, fans, flooring, kitchen cabinets, vanities, toilets, counter tops and more. The optimum words in real estate are POTENTIAL and OPTIONS and this home offers both. POTENTIAL for garage, shop, another home for family members or rental property. OPTION to have farm animals. small farming and to convert back acreage to RV park. Hard to believe this home is rural (out of city limits) yet literally a stone’s throw to the best shopping, dining the area has to offer off Pines Road. Close to I 20, I 220, I 49, Texas border and Shreveport international airport, Cross Lake boat launch, downtown Shreveport, Bossier City, Barksdale AFB, and so much more. Home priced far below the market value with plenty of room for assisting the next buyer get into this home for zero down (no money out of pocket). All you need is good credit (620 +) and a toothbrush (kidding, kinda) to move into this home. CALL FOR DETAILS (AGENTS MUST REVEIW AGENT REMARKS BEFORE SHOWING). INVESTORS: Consider making an offer based on the appraised value of $225,000 and obtain an $30,000 allowance for closing costs, pre paids, home warranty and Updates to be applied to 20% DSCR loan. This will require you to come out of pocket approximately $20,000 for a 80% LTV ($180,000 and approximately $1,500 total monthly note. Rent home for $2,000 earning $500 monthly with a 4-year ROI) Consider converting back acre into an RV park or build a new home or Mobile Home to add to your rental portfolio. Read Less
Courtesy of Primeaux Realty, LLC, Jimmy Stewart.
Listing Snapshot
Days Online
27
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Partial Baths
1
Square Ft.
2,200
Lot Size
2.09 Acres
Year Built
1965
MLS Number
21222880
Additional Details
Property Access
Road surface type: Gravel
Appliances & Equipment
Dishwasher, GasRange, Microwave
Building
Built in 1965, Architectural style: Ranch, Detached, Construction materials: WoodSiding, Levels: One, 1, Structure type: House
