118 Webb Street, Lafayette, LA 70501
$52,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
1,000
Lot Size (sq. ft.):
6,534
Status:
Pending
Current Price:
$52,000
List Date:
4/25/2025
Last Modified:
7/03/2025
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: Pending
Listing Date: 2025-04-25
Listing Price: 52000
Current Price: $52,000
List Price/SqFt: 52
Type: Single Family Residence
Property Attached: No
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
Status Change Info
Under Contract Date: 2025-07-03
Parking
Carport Spaces: 1
Sewer
Sewer Company: LUS
Water Source
Water Company: LUS
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
Sewer: Public Sewer
Water Source: Public
Utilities: Elec: City; Gas: Atmos
Financing: Cash; Conventional
Documents: Property Disclosure; Property Disclosure
Property Disclosure ›Listing Office: Real Broker, LLC
Last Updated: July - 03 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.