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$ 260,000
Est. payment /mo
Price Dropped by $10K
616 W St Louis ST Lafayette, LA 70506
5 Beds
3 Baths
2,807 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,807 sqft
Price per Sqft $92
Subdivision Oaklawn Add
MLS Listing ID 2500004404
Bedrooms 5
Full Baths 3
Lot Size 9,374 Sqft
Property Sub-Type Triplex
Property Description
This TRIPLEX is located in the highly desirable Saint Street area of Lafayette, this FULLY OCCUPIED triplex presents a rare and lucrative investment opportunity. Just minutes from UL Lafayette, downtown, and local amenities, this property offers a strong rental history and consistent income in a high-demand area. Gross monthly income is $2600 per month. (Unit A = $1100, Unit B=$950, Unit C= $600.)The main structure includes two spacious units:Unit A (Downstairs): 1,268 sq. ft. 2 bed 1 bath with central HVAC (interior unit replaced about 1 yr ago), private laundry room, and an attached 433 sq. ft. carport/garage for covered parking.Unit B (Upstairs): 927 sq. ft. 2 bed 1 bath with AC/heat window units, and shared access to a laundry room and utilities with Unit C.A separate Unit C studio (439 sq. ft. 2 bed 1 bath) is located in the landscaped backyard, also equipped with AC/heat window units and sharing laundry and utility services with Unit B.Each unit has a private entrance, offering optimal privacy for tenants. The rear yard is fully fenced, shaded, and beautifully landscaped--perfect for outdoor relaxation and tenant appeal.Additional Highlights:Total Dwelling Sq. Ft.: 2,634Total Including Carport/Garage: 3,067 sq. ft.Bedrooms: 6 | Bathrooms: 4Tenants are responsible for their own utilities, with select shared water/wastewater usage between Units B & CExcellent potential for increased rental income or long-term value growthWhether you're a seasoned investor or just beginning to build your portfolio, this income-generating triplex offers location, layout, and long-term value. Don't miss your chance--schedule a private tour today!
Location
State LA
County Lafayette
Direction CONGRESS ST TOWARDS DOWNTOWN, LEFT ON ST. MARY, LEFT ON AGNES, RIGHT ON ST. LOUIS. PROPERTY ON RIGHT.
Interior
Heating Central, Wall Furnace, Heat Unit(s)
Cooling Central Air, Window Unit(s), AC Unit(s)
Appliance Other
Exterior
Roof Type Composition
Garage true
Building
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Schools
Elementary Schools Myrtle Place
Middle Schools Lafayette
High Schools Lafayette
Listed by Real Broker, LLC