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Breaux Bridge,LA 70517
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,528 sqft
Price per Sqft $166
Subdivision Armentine Cove
MLS Listing ID 24009681
Bedrooms 12
Full Baths 8
Lot Size 0.670 Acres
Property Description
A unique opportunity awaits to acquire a package of 5 single-family homes in the heart of Breaux Bridge. These properties, located at 200, 206, 212, and 218 Armentine Cove (3bed/ 2 bath), and 224 Armentine Cove (4 bed/ 2 bath), offer incredible potential for both immediate rental income and long-term appreciation. This portfolio presents a compelling opportunity to generate strong cash flow and build equity. In fact, the portfolio boasts an impressive annual income of $73,200. This turnkey investment allows you to hit the ground running with minimal effort. The homes are ready for immediate rental or resale, providing flexibility and maximizing your return on investment. By diversifying your portfolio across multiple properties, you can mitigate risk and enhance your financial stability. Moreover, managing multiple homes within the same area allows for economies of scale, streamlining maintenance and operations. And with all roofs replaced in 2020, you can rest assured knowing these homes are in excellent condition. These well-maintained residences boast spacious living areas, perfect for relaxation and entertaining, and private yards offering a tranquil outdoor retreat. Ample parking ensures convenience for residents and guests alike. Don't miss out on this exceptional opportunity to expand your real estate portfolio and capitalize on the growing Breaux Bridge market. This 5-home package is part of a larger portfolio of 40 homes, offering even greater investment potential. 10 home package MLS #24009695.
Location
State LA
County St Martin
Interior
Heating Central,Heat Unit(s)
Cooling Central Air,AC Unit(s)
Flooring Laminate,Other
Laundry Electric Dryer Hookup,Unit 1 Washer/Dryer Hookup,Unit 2 Washer/Dryer Hookup,Unit 3 Washer/Dryer Hookup,Unit 4 Washer/Dryer Hookup
Exterior
Exterior Feature Lighting
Utilities Available Cable Available
Roof Type Composition
Building
Lot Description Additional Land Avai,Cul-De-Sac,Level,No Outlet Street
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Call School Board
Middle Schools Call School Board
High Schools Call School Board