408 S Knapp Street A & B Iowa, LA 70647

Multi-Family (2-4 Units) MLS #: SWL24001548 Courtesy Of Coldwell Banker Ingle Safari Realty

$125,000

0.37 acres
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Estimated monthly payments: $546/mo.* (recalculate)

Property InformationDescription

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
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Features

  • Age: Over 50 Years Old
  • Amenities: Lawn
  • Appliances: Range - Electric, Refrigerator
  • Architecture Style: New Traditional
  • Cooling System: Central A/C
  • Exterior Type: Vinyl Siding
  • Heating System: Central Furnace
  • Lot Size: 0.37 Acres
  • Roof Type: Composition Shingle

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408 S Knapp Street A & B, Iowa, LA 70647
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School Information

408 S Knapp Street A & B, Iowa, LA 70647

Elementary School
Grades PK-5 | Public School
J. I. WATSON ELEMENTARY SCHOOL
Iowa, LA 70647
201 E First St
337.­217.4670
Distance: 0.3 mi
School Rating
B-
Student:Teacher Ratio
13:1
Total Students
453
Middle School
Grades 6-12 | Public School
IOWA HIGH SCHOOL
Iowa, LA 70647
401 W Miller Ave
337.­217.4380
Distance: 0.9 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
1036
High School
Grades 6-12 | Public School
IOWA HIGH SCHOOL
Iowa, LA 70647
401 W Miller Ave
337.­217.4380
Distance: 0.9 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
1036
Other Nearby Schools Distance Type Grades School Rating
Lebleu Settlement Elementary School 5.0 mi Public PK-5 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Iowa, LA 70647

Median Age: 34.1
Married: 51%
Number of Households: 4,398
Households with Children: 40.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Greater Southern MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.