Includes 516, 516 A & 518 St Charles St, Thibodaux, La - 3 Houses! Excellent Multifamily Investment Opportunity Near Nicholls State University. Located approx. 1 miles from the university, this income-producing property offers an outstanding opportunity for investors, parents of college students or anyone seeking rental income in one of the most desirable locations ( 1 block off of Menard Street and 2 Blocks from downtown Thibodaux. The property has historically been occupied by long term tenants who have chosen to secure alternative housing due to property being for sale, creating a rare opportunity for a new owner to establish current market rents. Additionally Nicholls State University faculty particularly new hires from out of state seek out rental housing close to campus. Fair market value for rentals would be a total of approximately 3,000 per month -
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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.
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