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203 E Lincoln Street, Sulphur, LA 70663

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For Sale

$305,000

0.55 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 0.6 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

INVESTMENT OPPORTUNITY! This 0.55-acre property features four spacious three-bedroom, two-bathroom mobile homes, each measuring 16x80 and offering 1280 square feet of living space. Lot 1 is a 2005 model, currently rented for $950 per month, with the tenant covering their own utility costs. Lot 2 is a 2015 model that is currently rented for $850 per month with tenant covering their own utilities. Lot 3 is a 2002 model, rented for $1100 per month, which includes water. The tenant also pays an additional $80 per month for lawn care. Lot 4 is a 2008 model, it is currently rented for $1600. Each mobile home has received a new roof after the hurricanes. The property is equipped with separate electric and water meters for each unit, providing convenience and efficiency. Located in Flood Zone X, this property ensures peace of mind. This is a great chance to invest in a property with immediate rental income potential. Measurements are M/L.
MLS# SWL25001919

Courtesy Of Coldwell Banker Ingle Safari Realty

(337) 478-1601

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    New Traditional
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.55 Acres

Map and Directions

Directions to 203 E Lincoln Street, Sulphur, LA 70663

Home seller CENTURY 21 Bessette Flavin

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bessette Flavin

(337) 474-2185
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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