About This Home
This 4-bedroom, 2-bathroom single family at 507 Suthon Avenue in Houma, LA is listed for $199,000 ($118 per sqft). Built in 1946, the home offers 1,682 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1946
- 0.16 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Welcome to 507 Suthon Avenue in Houma! Conveniently located just minutes from downtown Houma's shopping, dining, and entertainment, this versatile property offers exceptional potential for homeowners and investors alike. The main residence features 4 bedrooms and 2 bathrooms, along with a spacious sunroom that provides the perfect space to relax, entertain guests, or enjoy year-round views of the backyard.
Recent improvements include the replacement of the living room subfloor and the installation of new flooring throughout the home, adding value and appeal. Adding to the property's versatility is a detached apartment currently occupied by a long-term tenant who has resided there since 2019 and pays $500 per month in rent.
The main home was previously rented for $1,200 per month and has the potential to generate approximately $1,500 per month in rental income, making this an attractive investment opportunity with strong income-producing potential. Whether you're seeking a primary residence with supplemental rental income, a multi-generational living arrangement, or an addition to your investment portfolio, 507 Suthon Avenue offers endless possibilities.
Don't miss the opportunity to make this property your own-schedule your private showing today!
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
507 Suthon Avenue
Houma, LA 70364
Margaret Place
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 507 Suthon Avenue is listed at $199,000 ($118/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1946, 0.16 acre lot, 2 stories, 4 parking spaces.
This property is listed by Melinda Duncan and can be reached at 9854144255.
