Property Listing No Longer Available for Sale

603 1 & 2 W Burton Street, Sulphur, LA

Others for Sale - $75,000


Property Info

CIMLS#1156288
Location
  603 1 & 2 W Burton Street
  Sulphur LA 70663
UpdatedMarch 16th, 2024
TypeOthers
Price$75,000

Property Description

Welcome to a unique opportunity for savvy investors! This property features not just one, but two separate lots within its confines, making it an ideal addition to any investment portfolio. Lot 1 showcases a vintage 1973 mobile home that measures 16 x 40 feet and offers a cozy space with 2 bedrooms and 2 bathrooms. This home currently has a tenant who pays $650 per month and handles their own utility costs. The living space features comfortable furnishings that belong to the tenant and a welcoming atmosphere, while the kitchen is functional with wooden cabinets and essential appliances. The bedrooms are well-sized and capable of fitting all necessary furniture for a comfortable living arrangement. Lot 2 presents a newer, 2016 model mobile home with an updated interior. Spanning 14 x 56 feet, this home provides 2 bedrooms and 1 bath, offering a current rental income of $1050 per month, which includes utility expenses. This home?s modern touch includes a fresh kitchen space and a bright living area, offering a more contemporary feel. Each mobile home benefits from individual air conditioning units to ensure comfort during warmer seasons. Both homes share a common driveway, making access convenient. The total property spans 0.38 acres, providing ample outdoor space for recreational activities or small get togethers. Please note, the seller is offering the property 'as is' and will not be responsible for any repairs. Additionally, the location is in Flood Zone X with a slight portion in Flood Zone AE, which should be considered for insurance purposes. Whether you're looking to expand your investment reach or step into the real estate market, this dual-lot property is a compelling prospect with its combined charm and income potential. Don?t miss out on this excellent investment opportunity! Leases and plat are attached in MLS. Measurements are M/L.


Financials


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