2218 Carolyn St, Sulphur, LA 70665

Property Description

Investment Opportunity! Fully leased, income-producing mobile homes situated on approximately 0.85 acres. The property includes four well-maintained manufactured homes, each offering 3 bedrooms, 2 bathrooms, central air and heat, a spacious primary suite with large bathroom, a 12' x 12' covered front porch, 12' x 12' storage shed and a 6' wood privacy fence for each individual yard. Current monthly rental income: 2013 Palm Harbor (16' x 80') - $1,100/month, 2013 Palm Harbor (16' x 80') - $1,200/month, 2009 Fleetwood (16' x 80') - $1,100/month, 2018 Schult (16' x 80') - $1,200/month. The property generates $4,600 per month ($55,200 annually) in gross rental income. Tenants pay their own utilities, helping minimize owner expenses and maximize investment returns. Additional features include new roofs installed in 2021, a 6' perimeter fence surrounding the property, public water and two private sewer systems servicing all four homes. All units are currently occupied with lease agreements in place, providing immediate cash flow for the new owner. Contact your REALTOR® today for additional information or to schedule a private showing.