10480 Lee Settlement Rd, Folsom, LA 70437

$210,000
4
BD
2
BA
2,052
SqFt

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List Price
$210,000
Status
ACTIVE
Days on Market
164
MLS#
2558150
Subtype
Residential
Year Built
2000
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,052
Lot Size
217,800
Acres
5
Subdivision
Not a Subdivision

Property Description

MAY QUALIFY FOR 3.5% DOWN FHA LOAN! Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!

Additional Information

Appliances
Disposal, Dishwasher, Microwave, Refrigerator, Range, Oven
Heating
Central
Air Conditioning
Central Air
Levels
One
Roof
Metal
Foundation
Raised
Parking Features
Driveway

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Calculator source: Real Geeks

Listing courtesy of Compass Mandeville.

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