520 W Parish Road Sulphur, LA 70663
Listing Courtesy of: GREATER SOUTHERN MLS - IDX / Coldwell Banker Ingle Safari Realty / Robbie Ingle

  520 W Parish Road Sulphur, LA 70663

Active
$275,000

Description

Snag this fantastic investment opportunity with a multi-family property on a spacious lot! This fully furnished income-generating gem boasts a strong rental history and thrives as both long term and short term rental units featuring several distinct living spaces, including a cozy 1-bedroom unit and a larger 3-bedroom, 2-bath unit. Both units have access to a shared community laundry room and a stunning Gunite pool—perfect for relaxation and leisure. There’s also a poolside suite with a full bath and kitchen, bringing the total to 4 bedrooms, 3 full bathrooms, 3 kitchens, and 1 kitchenette. The 1-bedroom unit can easily be converted back into a 2-bedroom, increasing nightly rental revenue. Plus, an attached space has been converted into a rental suite earning $650 per month. A lock off door was installed between the master bedroom and this suite, adding it to the sellable square footage. Currently generating $2,800 per month in gross rents, with potential to add another $1,400 per month from a vacant space! Located in a prime spot near SPAR and baseball diamonds, this property is perfect for Airbnb guests like plant workers, traveling nurses, and baseball tournament groups. It boasts a strong rental history and thrives as an Airbnb rental. With a durable metal roof, updated electrical, and fresh exterior paint, this property is move-in ready. And since it’s located in flood zone X, no flood insurance is needed, adding even more appeal! Don’t let this investment slip away! Schedule your showing today and explore the potential of adding this property to your portfolio. Measurements are M/L. Proof of Funds or Pre-Approval Letter REQUIRED before showings take place.

MLS #:
SWL24004697
Lot Size
0.35 acres
Type
Multifamily
Year Built
1980
Style
Traditional
County
Calcasieu Parish

Listed By

Robbie Ingle, Coldwell Banker Ingle Safari Realty
Source
GREATER SOUTHERN MLS - IDX
Last checked Oct 4 2024 at 4:01 AM GMT+0000
Bathroom Details
Interior Features
  • Ceiling Fan(s)
  • Storage
  • Laundry: Laundry Room
  • Laundry: Inside
  • Laundry: Electric Dryer Hookup
  • Laundry: Washer Hookup
  • Dishwasher
  • Electric Oven
  • Electric Range
  • Refrigerator
  • Water Heater
Lot Information
  • Back Yard
  • City Lot
  • Front Yard
  • Rectangular Lot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Radiant
  • Wall/Window Unit(s)
  • Ceiling Fan(s)
Pool Information
  • In Ground
  • Gunite
  • Community
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Concrete
  • Parking Lot
Stories
  • 1
Location
   
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Disclaimer: Copyright 2024 Greater Southern MLS IDX. 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 10/3/24 21:01