LA > Lafayette > Mills Addition
Lafayette, LA 70501,143 Martin Luther King
Lafayette, LA 70501,143 Martin Luther King
Lafayette, LA 70501,143 Martin Luther King
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Real Estate Group Of Louisiana

Real Estate Group Of Louisiana

+1(318) 704-6683
$560,000
Est. payment /mo
0.84 Acres Lot
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UPDATED:

08/13/2024 07:55 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Mills Addition

MLS Listing ID 24005351

Lot Size 0.840 Acres

Property Description

For Sale is a 12 Unit Apartment complex located in close proximity to I-10 in a high demand rental area. The property sits on .838 acres and consists of 6-1 bedroom and 6-2 bedroom apartments. Rents range from $525-$675 per month. There is also a 2 bd-1ba home at the front of the property that rents for $350 per month and a 600 square foot warehouse at the rear that serves for storage for maintenance and lawn supplies. Seven of the units are currently occupied. The units are individually metered for water, sewer and electricity. Owner pays trash. This is a significant Value-add opportunity.

Location

State LA

County Lafayette

Direction From the Evangeline Thruway, go west on Willow Street, Take Right on St. Antoine and then a Left on Martin Luther King. The property is down on the Right.

Interior

Heating Central, Heat Unit(s)

Cooling Central Air, AC Unit(s)

Flooring Carpet, Vinyl

Appliance None

Exterior

Community Features Other

Utilities Available Cable Connected

Roof Type Composition

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Boucher

Middle Schools Lafayette

High Schools Lafayette

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REALTOR® Association of Acadiana IDX
Listed by Latter & Blum

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Real Estate Group Of Louisiana

+1(318) 704-6683

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