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311 South Morgan Avenue

Broussard LA 70518

3
2
1
1705 sq. ft.
6534 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
1705 sq. ft. floor area
6534 sq. ft. lot size
Single-Family

Happy sellers in Broussard

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Local market activity for 3 bedroom single-family properties in Broussard

In the last 12 months, 72 three-bedroom single-family properties similar to 311 South Morgan Avenue, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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