$125,000 Price Analysis    ♡   Iowa, LA 70647 Unknown bed None bath 1,877 SqFt ($66/SqFt) 0.37 acre lot. Built 1970 Listed 2024-03-22, Taxes $784 | ✓ USDA Eligible near Iowa, LA |
INVESTOR SPECIAL!
This updated duplex in Iowa presents an exceptional opportunity with both properties currently leased for $725 a month, with tenants responsible for a $125 utility reimbursement. Situated on a big lot, this duplex offers potential for additional units. Each side features 2 bedrooms and 1 bathroom, showcasing recent updtes including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures and flooring. The AC units are 3 years old and new vinyl siding adorns the exterior, complemented by all-new bathrooms.
Both units are move-in ready and have previously commanded rents of $750-$800 per side. Notably, there's one meter for bot h units and the city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. With flood zone AE designation, current flood insurance stands at $480 per year and the seller is willing to transfer this to the new buyer if permitted by insurance regulations. The property is currently tenant-occupied, so kindly provide 24-hour notice for all showings. Don't miss this opportunitymake your offer today. Measurements are M/L
Presented by Robbie Ingle at
Coldwell Banker Ingle Safari.
Property MLS #SWL24001548 from GreaterSouthern
Refrigerator
Laundry Features: Electric Dryer Hookup, Washer Hookup
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.37
Lot Size Dimensions: 90 x 180
Lot Size Square Feet: 16117
Number of Units: 2
County: Calcasieu
Directions: 2Nd St Take Iowa Exit From I-10, Head South On Thomson, Cross Railroad Track, Take A Right On 2Nd Street, West 1 Block.
Source Property Type: Residential Income
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 00729337
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $6,440 + $880 $7,320 | $784 |
| 2020 | $5,800 + $810 $6,610 | $732 |
| 2019 | $6,440 + $810 $7,250 | $893 |
| 2018 | $6,440 + $810 $7,250 | $886 |
| 2017 | $6,620 + $630 $7,250 | $894 |
| 2016 | $6,620 + $630 $7,250 | $895 |
| 2015 | $6,550 + $600 $7,150 | $954 |
| 2014 | $6,620 + $610 $7,230 | $979 |
| 2013 | $6,620 + $610 $7,230 | $796 |
| 2012 | $6,620 + $610 $7,230 | $759 |
| 2010 | $2,070 + $530 $2,600 | $293 |
| 2008 | $2,070 + $530 $2,600 | $309 |
| 2007 | $4,280 + $420 $4,700 | $661 |
| 2006 | $4,280 + $420 $4,700 | $661 |
| 2003 | $unknown + $unknown $4,700 | $730 |
$125,000
GreaterSouthern
Listed 2024-03-22
$140,000
GreaterSouthern
Listing removed 2023-08-31
$150,000
GreaterSouthern
Sold 2021-05-03
$0
Public Record
Listing removed 2021-05-01
$0
SWLouisiana
Sold 2021-04-30
$0
GreaterSouthern
Listed 2021-02-10
$99,900
SWLouisiana
Listing removed 2016-06-08
$85,000
SWLouisiana
Price Changed 2016-05-16
$85,000
SWLouisiana
Listed 2016-05-05
$95,000
SWLouisiana
Building Area Total: 1877
Common Walls: 1 Common Wall
Construction Materials: Vinyl Siding
Foundation Details: Raised
Levels: One
Property Age: 54
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Shingle
Levels or Stories: 1
House Style: Traditional
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.