10
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$260,000
Est. payment /mo
Price Dropped by $40K
8863 Folly Brown Rd Clinton, LA 70722
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Rural Tract (No Subd)
MLS Listing ID BR2025010622
Property Description
Rare opportunity to get four (4) rental units on over 5.7 acres. All units are occupied and the current annual income is $39,000.00 The addresses are 8949, 8935, 8921, and 8863 Folly Brown Rd in Clinton, LA . Each MHM has its own lot and they range from 1.31 to 1.61 acres per lot. All lots are adjoined and have individual utilities that include DEMCO electric and city water. All utilities are paid by the tenant and each lot has its own individual sewer treatment. Each unit has a metal roof added for ease of maintenance. Units are offered at a bundle price. Drive by and look and DO NOT DISTURB TENANTS. No showings will be allowed until an acceptable offer has been negotiated. Contact agent for current cap rate, rents, maintenance records and any other information needed to put together an offer.
Location
State LA
Interior
Heating Central, Other, Heat Unit(s)
Cooling Central Air, Window Unit(s), AC Unit(s)
Appliance Dishwasher, Electric Range
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Building
Foundation Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by eXp Realty