Lafayette, LA 70503,901 Lamar
Lafayette, LA 70503,901 Lamar
Lafayette, LA 70503,901 Lamar
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Real Estate Group Of Louisiana

Real Estate Group Of Louisiana

+1(318) 704-6683
$565,000
Est. payment /mo
8 Beds
4 Baths
3,544 SqFt
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UPDATED:

08/22/2024 02:19 PM

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

Direction Take Johnston Street north and turn right onto General Mouton. Turn left onto Lamar. Complex will be on your right.

Interior

Interior Features Ceiling Fan(s), Unit 1(Dining Room), Unit 2(Dining Room), Unit 3(Dining Room), Unit 4(Dining Room)

Heating Central, Electric, Heat Unit(s)

Cooling Central Air, AC Unit(s)

Flooring Laminate, Other

Appliance Electric Range, Refrigerator, Electric Cooktop

Exterior

Fence Chain Link, Partial

Utilities Available Cable Available

Roof Type Other

Parking Type Assigned

Garage false

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


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REALTOR® Association of Acadiana IDX
Listed by Real Broker, LLC

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Real Estate Group Of Louisiana

+1(318) 704-6683

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