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143 Martin Luther King Drive, Lafayette, LA 70501
- $560,000
- 7,020 sq ft
- Multi-Family
- Listing #24005351
For Sale is a 12 Unit Apartment complex located in close proximity to I-10 in a high demand rental area. The property sits on .838 acres and consists of 6-1 bedroom and 6-2 bedroom apartments. Rents range from $525-$675 per month. There is also a 2 bd-1ba home at the front of the property that rents for $350 per month and a 600 square foot warehouse at the rear that serves for storage for maintenance and lawn supplies. Seven of the units are currently occupied. The units are individually metered for water, sewer and electricity. Owner pays trash. This is a significant Value-add opportunity.
Price | $560,000 |
---|---|
Property Type | Multi-Family |
Listing # | 24005351 |
Status | Active |
County | Lafayette |
Listing Type | For Sale |
Square Feet | 7,020 |
---|---|
Floors | Carpet, Vinyl Sheet |
Heating and Cooling | Central, Central Air |
Exterior | Wood |
---|---|
Foundation | Slab |
Roof | Composition |
Lot Size | 0.84 acres |
MLS Area | D |
---|---|
Measurement Source | Owner |
Courtesy of Bridgit Plumbar-Chaisson, Latter & Blum Compass337-781-6341
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.