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520 W Parish Road, Sulphur, LA 70663

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For Sale

$275,000

0.35 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • 0.3 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

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

Courtesy Of Coldwell Banker Ingle Safari Realty

(337) 478-1601

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    New Traditional
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Exterior Type
    Brick
  • Heating System
    Radiant
  • Lot Size
    0.35 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 520 W Parish Road, 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

  • Principle and Interest
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  • Hazard Insurance
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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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