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603 W Burton Street 1 & 2, Sulphur, LA 70663

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For Sale
Sale Pending

$75,000

0.38 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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 1 bathroom. 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.
MLS# SWL24001312

Courtesy Of Coldwell Banker Ingle Safari Realty

(337) 478-1601

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Garbage Disposer, Microwave, Oven, Range - Electric, Refrigerator
  • Architecture Style
    New Traditional
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Metal, Vinyl Siding
  • Lot Size
    0.38 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 603 W Burton Street 1 & 2, Sulphur, LA 70663

Home seller CENTURY 21 Bessette Realty, Inc.

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 Realty, Inc.

(337) 474-2185
Learn More About Us

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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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