$565,000
Active
55 Days Online
8 Beds4 Baths3,544 SQFT
Active

901 Lamar Street Lafayette, LA 70503

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*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.

  • Property TypeMulti-Family
  • NeighborhoodSecond Mouton
  • CountyLafayette
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site55 Days
  • MLS StatusActive
  • MLS ID Number24007027
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.1191 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Construction BrickBrick Veneer
  • Parking Assigned
  • Parking Spaces 13
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.1191
  • Water Public
  • Security Smoke Detector(s)
  • Property Sub Type Multi Family
  • Utilities Cable Available
  • Foundation Slab
  • Zoning MN-1

Interior Features

  • Cooling Central AirA C Unit(s)
  • Heating CentralElectricHeat Unit(s)
  • Appliances Electric RangeRefrigeratorElectric Cooktop
  • Flooring LaminateOther
  • Interior Ceiling Fan(s)Unit 1(Dining Room)Unit 2(Dining Room)Unit 3(Dining Room)Unit 4(Dining Room)

Exterior Features

  • Roof Other
  • Fencing Chain LinkPartial
  • Lot Corner LotLevel

Community Features

  • MLS Area G2
  • Security Features Smoke Detector(s)

Schools

School District
Unknown
Elementary School
Woodvale
Middle School
L J Alleman
High School
Lafayette

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Monthly Payment (Est.)

$2,745
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