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Realty Resources, Inc.
866 Mouton Rd, Sunset, LA 70584
- $450,000
- 4
- BA
- 3,500
- SqFt
- List Price
- $450,000
- MLS#
- 2600006137
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 4
- Acres
- 16.80
- Living Area
- 3,500
- Parish
- St. Landry
- Region
- L2
- Subdivision
- Not a Subdivision
- Neighborhood
- L2
Property Description
5 Income Producing Properties and 16+ ACRES! Multi-family investment property with land: four detached homes, leased camper hookups, a rented metal shop, and a producing oil well (mineral rights reserved by seller for first 10 years). At market rents, the property projects about $42,000/yr gross income and a 7.9% cap rate after expenses and 2026 taxes. Income summary available. Recent updates include new bathtubs in every home, newer roofs and new flooring. Build your dream home while rental income helps offset your mortgage, expand your investment portfolio, or develop more rentals, camper spaces, mobile homes or a custom home. Whether you're looking for cash flow, acreage or room to grow, this is an opportunity that's hard to replicate. One property. Multiple income streams. Endless possibilities.
Additional Information
- Exterior Features
- Other
- Roof
- Composition, Metal
- Sewer
- Septic Tank
- Water
- Public
- Appliances
- Electric Range, Refrigerator, Electric Stove
- Heating
- Wall Furnace, Zoned
- Cooling
- Ceiling Fan(s), Window/Wall
- Elementary School
- Cankton
- Middle School
- Sunset
- High School
- Beau Chene
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Listing courtesy of Compass.
IDX information is provided exclusively for consumers’ personal and non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.