Duplex in downtown Lafayette

Multi-Family for Sale
Catylist Listing ID: 30326794
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,595 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $160,000
Unit Price: $80,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

Great location, new roof, and rarely empty! Might be a perfect location for area re-development too. A brand new condominium development is being constructed adjacent to this property. Fully occupied. Monthly rent is $1,500 - front unit pays $800 and has 3 bed/1.5 baths, side unit pays $700 and has 2 bed/1 bath. Refrigerators and range/ovens to remain. Owner/Agent.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Submarket Type: Historic District
Taxing Authority: Lafayette Parish, City of Lafayette
Tax ID/APN: 6027170
Zoning: DOWNTOWN
Percent Occupied: 100%
Property Located Between: 2nd and 3rd
Highway Access: I-49, I-10, LA Highway 90
Airports: Lafayette Regional
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Total Parking Spaces: 4
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Property is located in the downtown development district.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SEC 67 T9S R4E (0.1366 AC)(5949 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,779 70,778 136,535
Median Age: 33.19 33.65 34.49
Households: 5,600 28,697 56,051

Contact

Photograph of Listing Agent

Walter Campbell

Keller Williams Realty Acadiana
Lafayette, LA
LACDB Member
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