If you’re an investor looking for a great deal on a Louisiana investment property, look no further! This property for sale includes both a 2 bedroom/1 bath home and a 1 bedroom/1 bath guest house, both of which are currently tenant-occupied and generating rental income of $1350 per month.
Both homes have recently received new roofs and numerous updates, ensuring that they’re in great condition for their current tenants. The main home boasts a combination of vinyl and real wood flooring, a large kitchen, and indoor washer/dryer hook ups. Additionally, there’s plenty of space in the large backyard for tenants to enjoy.
It’s important to note that this property is located in Flood Zone X, meaning that it’s not at high risk for flooding. However, it’s also worth mentioning that the home won’t qualify for FHA financing and the seller won’t be making any repairs.
If you’re interested in viewing this property, keep in mind that it’s currently renter-occupied and requires 24-hour notice for all showings. Additionally, one of the sellers is a licensed agent in the state of Louisiana, providing an added layer of expertise and transparency in the transaction.
Overall, this Louisiana investment property for sale is a great opportunity for investors looking to add to their portfolio. With two tenant-occupied homes generating rental income and numerous updates already in place, it’s a low-risk investment that’s sure to provide a solid return.
2503 Demarest Street, Lake Charles, LA 70601