309 St George Ave Jefferson, LA 70121

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Old Jefferson Single Family Flip/Tear-Down Lot Value!

Price: $89,000
Address: 309 St George Ave
City: Jefferson
State: LA
Zip: 70121
Bathrooms: 1
Bedrooms: 2
Broker Name: Abbott Price
Fee: Yes
Seller Phone: 5044071024
Seller Type: By Owner
Square Feet: 900
Provided By: Real Estate Promo

Description:

Old Jefferson Single Family Flip/Tear-Down Lot Value! This property has 2 bedrooms, 1 bathroom, approximately 900 square feet, and is in an X-Flood zone.It is currently vacant and requires shoring work and a complete renovation. A recent Abbott Price property analysis indicates an estimated after-repair value (ARV) of $215,000.The lot, which measures 50 x 130, has significant potential for MLS due to its proximity to Ochsner Medical Center Main Campus. The area has seen lot value tear-down sales reach as high as $170,000 without requiring demolition.The location is ideal: just 5 minutes to Ochsner Medical Center Main Campus, 10 minutes from New Orleans, and 20 minutes from MSY International Airport. This offers a significant opportunity to maximize your investment returns in a high-growth area.Investment Highlights: Located in an X-Flood Zone Estimated After Repair Value (ARV): $215,000 2 bedrooms and 1 bathrooms Approximately 900 SqFt Lot Size: 50 x 130 Lot value tear-down estimated at $170,000.

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