• Lafayette, LA 70503

  • 8 Beds 4 Baths 3,544 SqFt
  • Multi-family (2-4 units) / Owner Financing

Property Details for null St, Lafayette, LA 70503

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

*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.

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Property Brokerage: Real Broker, LLC 300 Rue Beauregard, Unit I Lafayette LA 70508
Copyright © 2024 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.