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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Listed byeXp Realty, LLC • Elaina Thrasher • 337-522-7554
$199,000
Est. payment /mo
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3 Beds
2 Baths
Active

311 S Morgan AVE Broussard, LA 70518

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Key Details

Property Type Other Types

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Broussard Addition

MLS Listing ID 2600006461

Style Cottage

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1975

Acres 0.15

Lot Dimensions 0.1482 AC

Property Sub-Type Single Family Residence

Source ROAM MLS

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

County Lafayette

Community Broussard Addition

Area 0.15

Direction Pinhook to Broussard, right at light to Morgan, house on left.

Interior

Interior Features Walk-In Closet(s)

Cooling Ceiling Fan(s), Central Air

Flooring Tile, Vinyl, Wood

Fireplace No

Appliance Disposal, Dishwasher

Laundry Electric Dryer Hookup

Exterior

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story One

Foundation Pillar/Post/Pier

Water Public

Architectural Style Cottage

New Construction No

Schools

Elementary Schools Drexel

Middle Schools Broussard

High Schools Comeaux

Others

Tax ID 6034704

Security Features Security System Owned,Smoke Detector(s)

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

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


ROAM MLS
Atlas Real Estate Company
Atlas Real Estate Company

Company

+1(504) 399-4663 | atlasrealestateco@gmail.com

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311 S Morgan AVE