Basics
Date added Added 3 months ago | Type Single Family Residence | Status Active | Bedrooms 3 beds |
Bathrooms 1 bath | Area 1010 sq ft | Lot size 3484.8 sq ft | Year built 1997 |
County Or Parish Jefferson | Subdivision Name NONE | Bathrooms Full 1 | MLS ID 1669678 |
Description
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Description:
Prime Investment Opportunity - 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft
This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow.
Key Features:
-Over 1,000 sq ft of well-maintained living space
-Section 8 potential with fair market rents offering excellent income opportunities
-Easily meets the 1% rule, ensuring a solid return on investment
-Priced competitively at $95,000, making it an attractive option for investorsWhether you're an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won't be on the market for long!
Rooms
- Rooms Total: 7
Location
- Directions: Jefferson to left on 22nd; right on Magazine
Building Details
- Foundation Details: Crawl Space
- Electric: Residential
- Fencing: Partial
- Roof: Shingle
- Construction Materials: Wood Frame, Vinyl Siding
- Basement: None
Amenities & Features
- Fireplaces Total: 0
- Utilities: Public Water
- Parking Features: Off-Street Parking, Entry Rear, Driveway
School Information
- High School District: Jefferson
Miscellaneous
- 0