Lafayette, LA 70501,1304 Martin Luther King Jr DR
Lafayette, LA 70501,1304 Martin Luther King Jr DR
Lafayette, LA 70501,1304 Martin Luther King Jr DR
Lafayette, LA 70501,1304 Martin Luther King Jr DR
Lafayette, LA 70501,1304 Martin Luther King Jr DR
Lafayette, LA 70501,1304 Martin Luther King Jr DR
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$ 110,000
Est. payment | /mo

3 Beds

2 Baths

1,191 SqFt


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$ 110,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,191 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,191 sqft

Price per Sqft $92

Subdivision Dugas Addition

MLS Listing ID 2020021191

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1975

Lot Size 6,098 Sqft

Property Sub-Type Detached Single Family

Property Description

Charming Cottage with Rental Income and Special Financing!!Welcome to this delightful 3-bedroom, 2-bath cottage designed with comfort and convenience in mind. Featuring a spacious open living concept, the home offers a warm and inviting atmosphere perfect for both everyday living and entertaining. The cabinet-filled eat-in kitchen seamlessly connects to a generous den area, creating a functional and welcoming central space. Two of the bedrooms provide plenty of room, while the third bedroom--located off the master bathroom--offers flexibility as a home office, craft room, or small bedroom with direct exterior access.Outside, a double carport provides ample covered parking, and a small metal storage building in the backyard offers additional storage. Located directly across from Parkway Place Shopping Center, this home is conveniently near an elementary school, shopping, restaurants, and has easy access to both I-49 and I-10, making it an ideal blend of community and convenience.This income-producing property currently has a tenant in place, generating $1,100 per month in rental income--an excellent opportunity for investors. Additionally, special financing is available, making homeownership more accessible. This home qualifies for 100% financing, and buyers may receive up to $10,000 in lender credit, which can be applied toward closing costs, prepaids/escrow, a rate buy-down, or even a home warranty. This opportunity is not limited to first-time homebuyers, as you can own one other financed property and still qualify.Don't miss out on this fantastic opportunity.Please do not disturb the tenant. No showings will be scheduled until we have an accepted offer. All offers must be submitted with proof of funds.

Location

State LA

County Lafayette

Direction Kaliste Saloom Rd head northeast towards airport. Turn left onto Hwy 90 which becomes 167 (Evangeline Thruway). as you re enter the city of Lafayette. Continue north, veer onto left lane and turn left onto W Willow St. Make an immediate right onto the N W Frontage Rd. Martin Luther King Jr. Dr. is the first left pass Philadelphia Christian Church. Home is on left with ample parking available.

Interior

Interior Features Ceiling Fan(s), Other

Heating Central

Cooling Central Air

Flooring Vinyl, Wood

Fireplaces Type Other

Appliance Electric Range, Microwave, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Lighting

Fence Chain Link

Community Features Other

Utilities Available Cable Connected

Waterfront Description Other

Roof Type Other

Private Pool false

Building

Lot Description Level, Landscaped

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

Elementary Schools Boucher

Middle Schools Paul Breaux Middle

High Schools Northside

REALTOR® Association of Acadiana IDX
Listed by Keller Williams Realty Acadiana

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1304 Martin Luther King Jr DR