2417 S Derbigny St, New Orleans, LA 70125

Property Description

PRICED TO SELL ASAP! Calling all investors, rehabbers, and savvy buyers—this charming, conveniently located cottage-style home packs huge upside into its functional 1,032 sq. ft. layout. Offering 3 independent bedrooms and 2 full bathrooms (including a primary suite with a private en-suite bath), this property delivers immediate cash-flow potential, renting for approximately $1,900/month with housing vouchers in an area booming with active redevelopment. Recently fully renovated, the home features an updated kitchen and baths, fresh interior and exterior paint, updated flooring throughout, plus a roof and HVAC both under 5 years old. Outside, enjoy a private, fully fenced backyard featuring a detached shed for extra storage, with no flood insurance required to help keep your carrying costs low. Financing & Major Seller Incentive: The seller is offering a massive $20,000 allowance toward foundation repairs at closing! Please note the property will not qualify for standard FHA financing in its current condition, but with the seller's foundation credit, it is primed to go Conventional, Cash, Renovation Loans, or an FHA 203(k). With major incentives on the table and high rental demand in the neighborhood, this deal is priced to move fast—bring all offers!