408 S Knapp Street #A & BIowa, LA 70647
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 spacious lot, this duplex offers potential for additional units. Each side features 2 bedrooms and 1 bathroom, showcasing recent updates including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures, and flooring. The AC units are just 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 only one meter for both 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 opportunity—make your offer today! Measurements are M/L
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCalcasieu
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site96 Days
- MLS StatusActive
- MLS ID NumberSWL24001548
- Home Size Source N/A
- Year Built1970
- Lot Size0.37 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Traditional
- Construction Vinyl Siding
- Parking Driveway
- Sewer Public Sewer
- Number of Stories 111
- Acreage 0.37
- Water Public
- Property Sub Type Duplex
- Utilities Electricity ConnectedSewer ConnectedWater Connected
- Foundation Raised
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances Electric RangeRefrigerator
- Fireplace Features None
- Laundry Features Washer HookupElectric Dryer Hookup
- Fireplace No
Exterior Features
- Roof Shingle
- Spa No
- Pool Features None
- Spa Features None
- Lot Back YardFront Yard
Community Features
- Association Dues 0
- Senior Community No