If you’re an investor looking for a great opportunity, look no further than this Louisiana investment property for sale! This tenant-occupied 2 bedroom/1 bathroom home is centrally located in Lake Charles on a tree-shaded large lot. The current tenant is paying $750 a month, making this an excellent opportunity for generating passive income.
The property is situated in Flood Zone x, which means the risk of flooding is minimal. However, it’s important to note that this home will not qualify for FHA financing due to its current condition. The seller is also not willing to make any repairs or provide termite inspections, so it’s important to conduct a thorough investigation before making an offer.
The home is renter-occupied, which means that showings will require 24-hour notice. While this may be a bit of an inconvenience, it’s a small price to pay for a great investment opportunity.
It’s also worth noting that one of the sellers is a licensed agent in the state of Louisiana. This means that you can trust that the transaction will be handled professionally, and any questions or concerns you may have can be addressed by someone with a thorough understanding of the local real estate market.
In summary, this Louisiana investment property for sale is an excellent opportunity for investors looking to generate passive income. With a tenant already in place and a central location in Lake Charles, this property is sure to attract interest from savvy investors. Just be sure to conduct your due diligence and make an informed offer before moving forward.
2456 Rose Street, Lake Charles, LA 70601