901 Lamar Active Save Request In-Person Tour Request Virtual Tour
Lafayette,LA 70503
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $159
Subdivision Second Mouton
MLS Listing ID 24007027
Bedrooms 8
Full Baths 4
Lot Size 5,187 Sqft
Property Description
*Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required* *Ask about creative financing, 30%-40% owner finance/cash back option*Discover a prime investment opportunity with this 6-unit multi-family property in Freetown, perfectly situated within walking distance of the university. Each 2-bedroom, 1-bathroom, 886 sqft unit has been tastefully refreshed with laminate flooring, fresh paint, and more. Currently 100% occupied with tenants responsible for all utilities, this property generates an average rent of approximately $825 per unit, with potential for increases upon renewal. The owner is only responsible for taxes and insurance, making this a fantastic turnkey investment in a high-demand rental area.
Location
State LA
County Lafayette
Zoning MN-1
Interior
Heating Central,Electric,Heat Unit(s)
Cooling Central Air,AC Unit(s)
Flooring Laminate,Other
Exterior
Fence Chain Link,Partial
Utilities Available Cable Available
Roof Type Other
Building
Lot Description Corner Lot,Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodvale
Middle Schools L J Alleman
High Schools Lafayette