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901 Lamar Street, Lafayette, LA 70503
- $565,000
- 5,317 sq ft
- Multi-Family
- Listing #24007027
*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.
Price | $565,000 |
---|---|
Property Type | Multi-Family |
Listing # | 24007027 |
Status | Active |
County | Lafayette |
Listing Type | For Sale |
Square Feet | 5,317 |
---|---|
Floors | Laminate, Other |
Heating and Cooling | Central, Electric, Central Air |
Exterior | Brick |
---|---|
Foundation | Slab |
Roof | Other |
MLS Area | G2 |
---|---|
Measurement Source | Approximate |
Courtesy of Teresa W Rainey, Real Broker, LLC337-230-2271
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.