Ample off-street parkingLarge gravel parking lotCentral hvac systems
Excellent investment opportunity to own a 4-unit multifamily property priced to sell! The property features four 806-square-foot units totaling 3,224 square feet. Each unit is separately metered for electricity and water, helping reduce owner-paid utility expenses and maximize cash flow. The property is currently generating $2,150 per month in gross rental income, with three units leased at $700, $700, and $750 per month, while the fourth vacant unit is expected to rent for approximately $700 per month, bringing projected gross rental income to approximately $2,850 per month once fully occupied. The property is equipped with central HVAC systems, and tenants enjoy ample off-street parking with a large gravel parking lot. Major capital improvements include a roof that is less than 5 years old, along with HVAC, plumbing, and electrical updates completed as needed. The owner currently pays for trash service and lawn care, with lawn maintenance averaging approximately $125 every two weeks for regular mowing or $250 every two weeks when including weed treatment. Annual property taxes are approximately $592, and insurance is currently approximately $2,000 per year. Property is being sold as-is, making this an excellent opportunity for investors looking to add a cash-flowing asset with value-add potential to their portfolio. No showings without an accepted offer. The listing address may not register on GPS. Use 1040 Caliste Olivier Road, Breaux Bridge, LA 70517.
14 days
|
119
|
23
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tyler Albrecht,
Keaty Real Estate Team337-235-7770
Source: RAA,MLS#: 2600006521
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 4
Partial bathrooms: 4
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Refrigerator, Electric Cooktop
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Flooring: Laminate
Interior area
Total structure area: 3,224
Total interior livable area: 3,224 sqft
Property
Parking
Total spaces: 8
Parking features: Varies by Unit
Features
Stories: 2
Exterior features: Lighting
Fencing: Chain Link,Partial,Wood
Has view: Yes
Lot
Size: 0.62 Acres
Dimensions: 96 x 280 x 96 x 280
Features: Additional Land Avai, Level, No Outlet Street, Views
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.