318 S Welty Street, Iowa, LA 70647

$260,000 Asking Price

8 beds
5 baths
3,598  sqft
Built in 1970

Discover an excellent investment opportunity with this exciting 4-bedroom home, along with a triplex and RV pad with hook ups. These properties are situated on a corner lot in a convenient location close to schools and shopping. These homes offer comfortable living spaces with a potential stream of rental income. The main house (318 S Welty) offers 1560 sq ft living which includes 4 bedrooms and 2 baths with lots of storage, the living room features a gas fireplace and a wall with functional shelving. The house has new flooring, paint, and light fixtures along with all major appliances which will sell with the property. The triplex (314 S Welty) features 3 rental units; Apt A 1 bedroom 1 bath with 663 sq ft living, large kitchen with custom cabinets, jacuzzi tub, central AC/Heat, dishwasher, microwave, washer/dryer and refrigerator remain; Apt B very spacious 2 bedroom, 1 bath with 875 sq living, large kitchen, ample storage, vinyl & hardwood flooring in LR/DR/Hall, refrigerator and three window units remain. Apt C 1 bedroom 1 bath with 530 sq ft living, vinyl plank flooring, and wood tile; one window unit, extra vinyl flooring and ceiling tile for kitchen and living room will sell with the property. Triplex is on one water meter (owner pays); gas and electricity are the tenant's responsibility. All utilities for the house are the tenant’s responsibility

Features & Amenities

Interior

A/C:
true, Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Heating:
true, Central
Fireplace:
Gas, Fireplace

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
GSM
County:
Calcasieu

Lot

Zoning:
@290906-0953-15 0019 0000 @290906-0953-15 0017 0000 @290906-0953-15 0015 0000 LOTS 15,17,19, BLK 15 EAST OF THOMSON AVE, IOWA IMPS (RENTAL ON LOT 15) IMPS/RDD-LOCATED AT -318 S WELTY AV- NOTE-1 B 3545 P 682 PAT AGUILLARD TO AGUILLARD PROPERTY J 318 WELTY APARTMENTS LLC-08 REF1-LUTHER R AGUILLARD AND MRS INEZ B 3023 P 320-02, 00722553

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
GSM

This listing courtesy of:
EXP REALTY LLC

About Iowa, LA

Housing

Number of Units
4,813
Median Home Value
$160,042
Median Rent
$599

25.02% of housing units are renter occupied.

8.62% are vacant.

Commute

Car
85.04%
Public Transportation
0.40%
Walk to Work
1.15%
Work from Home
12.92%
Other
0.49%

The median travel time to work is 26 minutes.

People

Population
11,693
Median Age
34.10
Median Household Size
2.93

Education

High School
36.27%
Associate’s Degree
10.37%
Bachelor’s Degree
13.29%
Graduate Degree
6.24%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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