$49,500
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3028 Norman Place Bossier City, LA 71112
3 Beds
1 Bath
1,125 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,125 sqft
Price per Sqft $44
Subdivision Waller School Terrace
MLS Listing ID 20441016
Sold Date 10/18/23
Bedrooms 3
Full Baths 1
HOA Y/N None
Year Built 1956
Lot Size 10,890 Sqft
Acres 0.25
Property Description
BROKER OWNER currently working 8 properties & cannot get to this one in a timely manner. Willing to pass it onto an investor(s) for minimal profit. Home needs foundation stabilization (see pics) & either cosmetic updates and repairs (paint, lights, fans, flooring etc.) estimated to be $30,000 (+ - $5,000). Potential resale price of $110,000 (+ - 5,000) less 10% close costs & commissions leaving $16,000 profit potential. Potential rental income of $1,100 (+ - $100). A full blown updating & remodeling effort estimated to be $55,000 (+ - $5,000) to include carport conversion to extra living space, pass through window to living room, bathroom remodeling etc. Potential resale price of $135,000 (+ - $5,000) less 10% close costs & commission leaving $3,5000 profit potential. Potential rental income of $1,400 (+ - $100). ALL FIGURES ARE PURELY SPECULATIVE & SUBJECT TO CHANGE DUE TO TOO MANY VARIABLES TO LIST INCLUDING BUYERS CAPABILITIES & EXPERIENCE. Serious inquiries only. Call for details!
Location
State LA
County Bossier
Direction Google address
Rooms
Dining Room 0
Interior
Interior Features Eat-in Kitchen
Appliance Electric Range, Electric Water Heater, Gas Range
Exterior
Carport Spaces 1
Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Phone Available, Sidewalk
Total Parking Spaces 1
Garage No
Building
Story One
Level or Stories One
Schools
School District Bossier Psb
Others
Ownership BROKER OWNER
Financing Cash
Read Less
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Bought with Adam Lytle • Berkshire Hathaway HomeServices Ally Real Estate