203 E Lincoln Street
$275,000
203 E Lincoln Street, Sulphur, LA 70663
0.55 acres
Lot Area
2002
Year Built
Details:
Description:
INVESTMENT OPPORTUNITY! This 0.55-acre property features four spacious three-bedroom, two-bathroom mobile homes, each measuring 16x80 and offering 1280 square feet of living space. Lot 1 is a 2005 model, currently rented for $950 per month, with the tenant covering their own utility costs. Lot 2 is a 2015 model that is currently rented for $850 per month with tenant covering their own utilities. Lot 3 is a 2002 model, rented for $1100 per month, which includes water. The tenant also pays an additional $80 per month for lawn care. Lot 4 is a 2008 model, it is currently vacant but the owner is working on vetting new tenant applicants. Each mobile home has received a new roof after the hurricanes. The property is equipped with separate electric and water meters for each unit, providing convenience and efficiency. Located in Flood Zone X, this property ensures peace of mind. This is a great chance to invest in a property with immediate rental income potential. Measurements are M/L.
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