100 McArthur Street Sulphur, LA 70663
Listing Courtesy of: GREATER SOUTHERN MLS / Coldwell Banker Ingle Safari Realty / Robbie Ingle

  100 McArthur Street Sulphur, LA 70663

Active
$765,000
11,818
SQFT

Description

Unlock a fantastic investment opportunity with the chance to own an 18-unit apartment complex in Sulphur. This valuable property features seventeen 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all equipped with central air and heat for tenant comfort. Benefit from additional income with an on-site laundry facility. With rental rates ranging from $675 to $775 and a strong rental history, this complex promises a steady income flow of $12,100 monthly when fully occupied. The owner covers water, gas, and electric costs up to a $50/month cap. Each unit is separately metered for electricity, while gas and water are shared. Two units are currently available for immediate viewing, with a 48-hour notice required to tour occupied units. The property is located in flood zone X so no flood insurance required. Please note, to maintain privacy and security, there will be no for sale sign on the property. Don't miss this chance to expand your portfolio in a sought-after location. Schedule your showing today and explore the potential of this Sulphur apartment complex!

MLS #:
SWL24001373
Lot Size
0.46 acres
Type
Multifamily
Year Built
1980
Style
Traditional
Views
Neighborhood
County
Calcasieu Parish
Community
Sul Ots

Listed By

Robbie Ingle, Coldwell Banker Ingle Safari Realty
Source
GREATER SOUTHERN MLS
Last checked Apr 18 2024 at 1:29 PM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Refrigerator
  • Laundry: Outside
  • Laundry: Washer Hookup
  • Laundry: Electric Dryer Hookup
  • Laundry: Laundry Room
  • Water Heater
Subdivision
  • Sul Ots
Lot Information
  • Rectangular Lot
  • Corner Lot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Ceiling Fan(s)
  • Central Air
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Electricity Connected, Water Connected, Sewer Connected
  • Sewer: Public Sewer
Parking
  • Parking Lot
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: Copyright 2024 Greater Southern MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/18/24 06:29