5301 Horseshoe Dr, Alexandria, LA 71302

Description

Bring your vision to life with this spacious 3-bedroom, 2.5-bath home situated on approximately 0.64 acres and offering character, generous space, and significant renovation potential. Original hardwood flooring has been uncovered and is ready to be restored, while abundant storage and a versatile study with laundry hookups provide the potential for conversion into a fourth bedroom. The half bath was previously configured as a full bathroom; the tub was removed and replaced with storage cabinetry, and existing plumbing may provide the opportunity to convert the space back into a full bath. The property offers an impressive amount of outdoor and additional-use space. A large covered front porch stretches across the home, with established landscaping and beautiful trees throughout the grounds. A covered brick patio provides ample space for outdoor living and entertaining. This property has an additional structure that could be used for storage, a workshop, hobby space, or other uses as part of a future renovation. This property has a transferable termite contract with Terminix that expires April 2027. This property has been unoccupied for several years and presents an opportunity for renovation, restoration, or investment. Whether your plans renovating this property to fit your needs, renovation for resale, residential rental use, or exploring the property's potential for transitional housing, or another residential program, the property offers a variety of possibilities. Buyers or investors interested in converting the property into transitional housing may be eligible for governmental funding once renovated. Due to the property's current condition, it will not qualify for FHA or VA financing. An adjoining rear lot with access from Ransbottom Drive is owned by the sellers but is NOT included in this listing and is available for separate purchase.This property offers a unique opportunity for a buyer ready to unlock its potential. Age of property is approximate.