1304 Martin Luther King Jr Drive, Lafayette, LA 70501 (MLS # 2020021191)

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PRICE $110,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,191 sqft
LOT SIZE 6,099 sqft

Charming Cottage with Rental Income and Special Financing!!Welcome to this delightful 3-bedroom, 2-bath cottage designed with comfort and convenience in mind. Featuring a spacious open living concept, the home offers a warm and inviting atmosphere perfect for both everyday living and entertaining. The cabinet-filled eat-in kitchen seamlessly connects to a generous den area, creating a functional and welcoming central space. Two of the bedrooms provide plenty of room, while the third bedroom--located off the master bathroom--offers flexibility as a home office, craft room, or small bedroom with direct exterior access.Outside, a double carport provides ample covered parking, and a small metal storage building in the backyard offers additional storage. Located directly across from Parkway Place Shopping Center, this home is conveniently near an elementary school, shopping, restaurants, and has easy access to both I-49 and I-10, making it an ideal blend of community and convenience.This income-producing property currently has a tenant in place, generating $1,100 per month in rental income--an excellent opportunity for investors. Additionally, special financing is available, making homeownership more accessible. This home qualifies for 100% financing, and buyers may receive up to $10,000 in lender credit, which can be applied toward closing costs, prepaids/escrow, a rate buy-down, or even a home warranty. This opportunity is not limited to first-time homebuyers, as you can own one other financed property and still qualify.Don't miss out on this fantastic opportunity.Please do not disturb the tenant. No showings will be scheduled until we have an accepted offer. All offers must be submitted with proof of funds.

DAYS ON MARKET 12 LAST UPDATED 3/3/2025
TRACT Dugas Addition YEAR BUILT 1975
COMMUNITY D COUNTY Lafayette
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Boucher
Jr. High School Paul Breaux Middle
High School Northside


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Range, Microwave, Refrigerator
AREA D
CONSTRUCTION Frame, Vinyl Siding
EXTERIOR Lighting
FIREPLACE Yes
HEAT Central
INTERIOR Ceiling Fan(s), Other
LOT 6098 sq ft
LOT DESCRIPTION Landscaped, Level
LOT DIMENSIONS 5 x 85
SEWER Public Sewer
STORIES 1
STYLE Traditional
SUBDIVISION Dugas Addition
UTILITIES Cable Available, Cable Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Keller Williams Realty Acadiana
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.

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This IDX solution is (c) Diverse Solutions 2025.


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