311 S Morgan Avenue, Broussard, Louisiana, 70518
$199,000
1,705 Sqft
0.15 Acres
3 bd
2 ba
#2600006461
INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This extensively renovated property offers investors the opportunity to acquire an income-producing asset with an existing lease in effect through August 2027. Zoned CN (Commercial Neighborhood), the property offers added long-term flexibility with potential for both residential and commercial uses, subject to applicable zoning requirements. Whether held as a rental investment or considered for future professional office, boutique, salon, studio, service-based business, or other permitted use, this property offers options beyond a traditional residential rental. The property has undergone extensive renovations, including new floor joists, subflooring and flooring, a renovated bathroom with new shower and toilet, new appliances, fresh interior paint, updated fixtures, new water heater, new AC ductwork, and a refreshed kitchen featuring new countertops, tile backsplash, and hardware. A complete renovation list is available upon request. Additional features include three separate driveway entrances, a storage shed, convenient access to Main Street shopping, dining and local activities, and a location in Flood Zone X. Tenant occupied with lease in place through August 2027. No showings prior to an accepted offer. Please do not disturb tenant. Lease information, renovation records and city zoning documents are available upon request. Seller is motivated and welcomes offers.
PROPERTY FEATURES
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Carport
- Architectural Style : Cottage
- Cooling on Property:
- Cooling: Central Air, Ceiling Fan(s)
- Heating on Property:
- Heating : Central
- Construction Materials: Brick, Frame
- Levels: One
- Roof: Composition
- Interior Features: Walk-In Closet(s)
- Appliances : Disposal, Dishwasher, Electric Range, Refrigerator, Water Purifier, Plumbed For Ice Maker
- Windows Features: Window Treatments
- Flooring : Tile, Vinyl, Wood
- Laundry Features : Electric Dryer Hookup
- Other Structures: Shed(s), Storage
PROPERTY DETAILS
ID: 2600006461
Status: Active
Price: $199,000
Acres: 0.15 Acres
Price Per Acre: $1,326,667
Type: Single Family / Detached
Address: 311 S Morgan Avenue
City, State: Broussard, Louisiana
County: Lafayette
Zip Code: 70518
Lat/Long: 30.145213, -91.96484
These properties have been added to favorites!
These properties have been removed from favorites!




