Attention all investors! There is a fantastic investment opportunity available in Louisiana with a tenant-occupied 3-bedroom/1-bathroom home for sale. The current tenant is paying $850 per month, providing a steady stream of income for the savvy investor.
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The property boasts numerous features that enhance its appeal, such as vinyl flooring in the living room and bedrooms, a large kitchen, indoor washer/dryer hookups, and a spacious backyard with a screened rear porch. Additionally, the property sits in Flood Zone X, which means that there is a minimal chance of flooding, providing peace of mind for the buyer.
Furthermore, the home has a new roof installed in 2021, which adds value to the property and reduces the likelihood of any significant maintenance costs in the near future. However, it is important to note that this property will not qualify for FHA financing, and the seller is not willing to make any repairs.
The home is currently renter-occupied, and the tenant will require a 24-hour notice for all showings. This provides an opportunity for a seamless transition in ownership, as the tenant can remain in the property and continue to pay rent without interruption, ensuring a steady cash flow for the investor.
It is also worth noting that one of the sellers is a licensed agent in the state of Louisiana, which adds a layer of expertise to the transaction and provides reassurance for the buyer.
In conclusion, this Louisiana investment property for sale is an excellent opportunity for investors looking to add a steady stream of income to their portfolio. With a tenant already in place, numerous features, and a license agent involved in the transaction, this investment is one worth considering. Don’t miss out on this fantastic opportunity, schedule a viewing today!
133 Louie Street, Lake Charles, LA 70601
