311 S Morgan AVE, Broussard, LA 70518
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311 S Morgan AVE, Broussard, LA 70518
311 S Morgan AVE, Broussard, LA 70518
311 S Morgan AVE, Broussard, LA 70518
311 S Morgan AVE, Broussard, LA 70518
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Alison Periou

Alison Periou

+1(337) 349-8596
$ 199,000
Est. payment /mo
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Price Dropped by $20K

311 S Morgan AVE Broussard, LA 70518

3 Beds

2 Baths

1,705 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,705 sqft

Price per Sqft $116

Subdivision Broussard Addition

MLS Listing ID 2600006461

Bedrooms 3

Full Baths 2

Year Built 1975

Lot Size 6534.000 Acres

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

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.

Location

State LA

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Vinyl, Wood

Fireplace false

Appliance Dishwasher, Disposal, Electric Range, Refrigerator, Electric Stove Con

Laundry Electric Dryer Hookup

Exterior

Parking Features Carport

Garage Spaces 1.0

Roof Type Composition

Total Parking Spaces 1

Garage false

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Level or Stories 1

Schools

Elementary Schools Drexel

Middle Schools Broussard

High Schools Comeaux

Others

Tax ID 6034704

Acceptable Financing Cash, Conventional, FHA, Rural Development, VA Loan

Listing Terms Cash, Conventional, FHA, Rural Development, VA Loan

REALTOR® Association of Acadiana VOW
Listed by EXP Realty, LLC
Alison Periou

Alison Periou

Broker Associate

+1(337) 349-8596

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311 S Morgan AVE