901 Lamar Street, Lafayette, LA 70503 | Listings

901 Lamar Street, Lafayette, LA 70503

  • $565,000
  • 5,317 sq ft
  • Multi-Family
  • Listing #24007027

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.

Listing Details

Price$565,000
Property TypeMulti-Family
Listing #24007027
StatusActive
CountyLafayette
Listing TypeFor Sale

Interior Features

Square Feet5,317
FloorsLaminate, Other
Heating and CoolingCentral, Electric, Central Air

Exterior Features

ExteriorBrick
FoundationSlab
RoofOther

Miscellaneous

MLS AreaG2
Measurement SourceApproximate

Courtesy of Teresa W Rainey, Real Broker, LLC337-230-2271

Realtor Association Of AcadianaCopyright 2024, Realtor® Association Of Acadiana. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed.
This content last updated on 10/31/2024 7:23 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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