100 Mcarthur Street
Sulphur,
LA
70663
Property Details
List Price: |
$765,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Coldwell Banker Ingle Safari Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1980 |
Notes: |
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! |
MlsNumber: |
SWL24001373 |
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Listing Provided By: |
Coldwell Banker Ingle Safari Realty, original listing |
Name: |
Coldwell Banker Ingle Safari Realty |
Phone: |
(337) 274-5684 |
Office Name: |
Coldwell Banker Ingle Safari R |
Office Phone: |
(337) 478-1601 |
Agent Name: |
ROBBIE INGLE |
Disclaimer: |
Copyright © 2024 Greater Southern MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |