Attention all investors! Are you looking for a great investment property in Louisiana? Look no further than this Louisiana investment property for sale! This property is a steal for any investor looking to expand their real estate portfolio.
This property consists of two units that are currently tenant occupied, making it a great source of passive income. The front home features 2 bedrooms and 1 bathroom while the guest house in the rear of the property features 1 bedroom and 1 bathroom. Both units have new roofs and lots of updates, ensuring that they are in great condition for the tenants.
The tenants are currently paying $1350 a month, making this a great investment opportunity. Plus, with the flood zone being designated as Zone X, there is no requirement for flood insurance. However, it is important to note that this property will not qualify for FHA financing, so investors will need to have alternative financing options in place.
The main home features vinyl and real wood flooring, a large kitchen, indoor washer/dryer hookups, and a large backyard. These amenities make it an appealing option for tenants who are looking for a comfortable and spacious living space.
It is important to note that this property is currently renter occupied and will require a 24-hour notice for all showings. Additionally, the seller will not make any repairs to the property, so investors will need to be willing to take on any necessary repairs and maintenance.
One of the sellers is a licensed agent in the state of Louisiana, making this a trustworthy transaction for any investor. This property is a great investment opportunity that should not be missed. Don’t hesitate to contact the seller to schedule a showing and see this Louisiana investment property for yourself!
2503 Demarest Street, Lake Charles, LA 70601