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$160,000
Est. payment /mo
3 Beds
3 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Townhouse
Sub Type Detached Single Family,Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $145
Subdivision Mouton L.
MLS Listing ID 2020023634
Bedrooms 3
Full Baths 3
Lot Size 5,227 Sqft
Property Sub-Type Detached Single Family,Townhouse
Property Description
GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.''
Location
State LA
County Lafayette
Zoning RES
Direction From W Pinhook, turn onto E Vermilion St. Travel about 0.4 miles down E Vermilion St. and destination will be on the right.
Interior
Heating Other
Cooling Window Unit(s)
Exterior
Roof Type Composition
Garage false
Private Pool false
Building
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodvale
Middle Schools L J Alleman
High Schools Lafayette
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Listed by Keller Williams Realty Acadiana