BEDS6
BATHS3 full 3 partial
MLS#200MZF
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLouisiana Avenue TH
SCHOOLLafayette Parish
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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.14 Acres
Year Built: 1982
Feature Descriptions
Appliances: Dishwasher, Microwave
Community Features: Other
Lot: Other
Lot Dimensions: (24x83.5) x3 per lot
Parcel#: 6064893, 6064896, 6064897
Parking: Assigned, Accessible Parking, Parking Lot
Parking Notes: Assigned, Accessible Parking, Parking Lot
Sewer: Public Sewer
Units: 3
Utilities: Electricity Available, Electricity Connected, Sewer Available, Water Available, Water Connected
Water: Public
Local Schools
High School: Northside
Middle School: Acadian
Elementary School: Evangeline
School District: Lafayette Parish
Listed By / Shown By
Listed By
Agency Name: Keaty Real Estate Team
Agency Phone: 337-235-7770
Shown By
Agency Title: Burns & Co., Inc. REALTORS®
Agency Phone: (800) 375-0608
Estimate Your Payment
Estimated Payment
$ 551.27 per month $487.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $63.88 Homeowner's Insurance
2830 Louisiana Avenue | MLS# 200MZF
This multi-family property located at 2830 Louisiana Avenue , Lafayette, LA 70501 is currently listed for sale with an asking price of $219,000. Louisiana Avenue is located within the Lafayette Parish school district. Search Lafayette real estate on www.burnsandco.com today.