Share this with your friends
+13375646345
Bricks & Mortar Real Estate Co.
2830 Louisiana Ave, Lafayette, LA 70501
- $219,000
- 6
- BD
- 6
- BA
- 3,438
- SqFt
- List Price
- $219,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 200MZF
- Subtype
- Multifamily
- Year Built
- 1982
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 3
- Half Baths
- 3
- Living Area
- 3,438
- Lot Size
- 6,012
- Acres
- 0.14
- Subdivision
- Louisiana Avenue TH
- Neighborhood
- D
- MLS Area Major
- D
Property Description
Outstanding investment opportunity featuring THREE townhomes offered together for just $219,000! Each two-story unit offers 1,146 square feet of living space, 2 bedrooms, and 1.5 bathrooms, creating an attractive rental opportunity with strong income-producing potential. With rental rates of $800, $850, and an estimated $900+ for the third unit, this portfolio offers approximately $2,500+ in combined monthly rental income, or $30,000 annually! Even using conservative rental projections, this investment exceeds the highly sought-after 1% rent-to-purchase-price rule, delivering an impressive gross rental yield of approximately 13.7%! With established rental income, additional upside potential, and three separate units generating revenue, this is an excellent opportunity to expand your portfolio with a property positioned for cash flow from day one. Whether you're a seasoned investor or looking to make your next smart investment, this three-unit package offers exceptional value, versatility, and long-term income potential!
Additional Information
- Appliances
- Dishwasher, Microwave
- Heating
- Central
- Air Conditioning
- Central Air
- Foundation
- Slab
- Parking Features
- Assigned, Parking Lot
- School District
- Lafayette Parish
- Elementary School
- Evangeline
- Middle School
- Acadian
- High School
- Northside
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Keaty Real Estate Team.
IDX information is provided exclusively for consumers’ personal and non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.