$839,900

115 W Foch Street, Lafayette, LA 70501

  • 12,937 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $65/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

12 Plex Rental Investment property located near Downtown Lafayette. Currently rented to one organization who is paying a total of $10,020 per month and $120, 240 yearly. The organization subleases the units, collects all rents, and makes one monthly payment to the property owner. Unit makeup - (10) 2 Bedroom 1 Bath Units and (2) 1 Bedroom 1 Bath Units. Market value, if rented individually, are $850 per 2 bedroom unit and $800 per 1 bedroom unit. 11% CAP Rate makes this property a very nice income earner with strong profit margins. The owner is in the process of putting a new roof on the property which will make this property, very low maintenance. Full financials available by request.

Listing Status:
Active
Listing Office:
Real Broker, LLC : 337-534-0555
Listing Agent:
Sean Hettich : 337-207-9430
MLS ID:
2500005662
  • Appliances: Electric RangeRefrigeratorElectric Cooktop
  • Flooring: CarpetVinyl Plank
  • A/C: Central AirAC Unit(s)
  • Heating: CentralElectricHeat Unit(s)
  • General: Balcony
  • Parking: On StreetParking Lot
  • Roofing: Composition
  • General: FrameBrick VeneerHardiPlank Type2Slab
  • Originating MLS: RAA
  • School District: Lafayette Parish
  • County: Lafayette
  • Zoning: PARTS OF LOTS 1 2 3 & 4 BLK 2 PARKDALE ADDLESS PARCEL 7-5 SOLD @ 1971-5678736059429
  • Fencing: PrivacyWood
  • Sewer: Public Sewer
  • Source: RAA

This listing courtesy of Sean Hettich, Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr. Raphael A. Baranco Elementary School

801 Mudd Ave, Lafayette, LA, 70501

Grades KG-5

0.33 miles away

P

Paul Breaux Middle School

1400 S Orange St, Lafayette, LA, 70501

Grades 5-8

0.90 miles away

N

Northside High School

301 Dunand St, Lafayette, LA, 70501

Grades 9-12

1.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.