118 Webb Street, Lafayette, LA 70501 (MLS# 2020023223)

118 Webb Street, Lafayette, LA 70501

$63,500
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,000 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $63,500 List Date: 4/25/2025 Last Modified: 5/12/2025

Description

Charming 2-bedroom, 1-bath home offers the perfect blend of convenience, value, and potential. Situated just minutes from major highway access, this recently updated property is an ideal turnkey investment for seasoned and new investors alike. Great layout that includes a spacious living area, two comfortable bedrooms, and a functional kitchen. Fresh paint, wood flooring, and recent improvements throughout make this home move-in ready with minimal maintenance required. Whether you're looking to build wealth through long-term rentals or capitalize on the area's growing demand for affordable housing, this property checks all the boxes. Rental comps in the area range from $850-$900/month, offering solid cash flow potential. With strong tenant demand and a central location near shopping, dining, and transit routes, this home is perfectly positioned for consistent occupancy and low vacancy risk. Owner\Agent

Supplements: ********

More Information MLS# 2020023223

Listing Info

Status: Active Listing Date: 2025-04-25 Listing Price: 63500 Current Price: $63,500 List Price/SqFt: 63.5 Type: Detached Single Family

Location Tax Legal Info

Street Number: 118 Street Name: Webb St Suffix: Street Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Golf Course Add Area: D Tax Assessment Number: 6012082 Elementary School: J W Faulk Middle School: Paul Breaux Middle High School: Northside Directions: Take Moss St towards Moss St. Take right on Webb St and house is on the rt.

General Property Description

# Bedrooms: 2 Baths - Full: 1 Total Baths: 1 SqFt - Living: 1000 SqFt - Source: Approximate Stories: 1 Year Built: 1967 Approximate Age: 41 - 50 Years Acres: 0.15 Acreage Range: 0 - 0.5 Assn Fee: None Lot Dimensions: 50X130 Mineral Rights: Conveyed Pool on Subject Property: No

Parking

Carport Spaces: 1

Property Features

Style: Traditional Siding: Vinyl Siding Parking: Attached; Carport Construction: Frame Foundation: Piers Road Frontage: City Street Roof: Composition Flooring: Vinyl Sheet; Wood Heating: Other Cooling: Window Units Appliances: None Countertops: Formica Fencing: Chain Link Lot: Level Exterior: Outside Light Window Features: Aluminum Frames Utilities: Elec: City; Gas: Atmos Financing: Cash; Conventional Documents: Property Disclosure; Property Disclosure
Listing Office: Real Broker, LLC
Last Updated: May - 12 - 2025
118 Webb Street, Lafayette, LA 70501- MLS# 2020023223
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