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.
Sold on 05/06/25
Price Unknown
1304 Martin Luther King Jr Dr, Lafayette, LA 70501
3beds
1,191sqft
SingleFamily
Built in 1975
6,098.4 Square Feet Lot
$110,000 Zestimate®
$--/sqft
$1,132 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 10:10pm
Listed by:
Chanda Moffett,
Keller Williams Realty Acadiana
Source: RAA,MLS#: 2020021191

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Other
- Flooring: Vinyl, Wood
- Windows: Some Window Treatments
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,191 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Stories: 1
- Patio & porch: Porch
- Exterior features: Lighting
- Fencing: Chain Link
- Waterfront features: Other
Lot
- Size: 6,098 sqft
- Dimensions: 5 x 85
- Features: 0 to 0.5 Acres, Level, Landscaped
Details
- Additional structures: Other
- Parcel number: 6088359
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
Materials
- Vinyl Siding, Frame
- Foundation: Pillar/Post/Pier
- Roof: Other
Condition
- 51 - 75 Years
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Elec: City
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Other
Location
- Region: Lafayette
- Subdivision: Dugas Addition