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Off market
  • $290,200

    705 & 709 Highway 90 E, New Iberia, LA 70560

    --beds
    0baths
    6,190sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $290,200 Zestimate®
    $47/sqft
    $1,024 Estimated rent

    Home value

    $290,200

    $215,000 - $377,000

    $1,024/mo

    Zestimate® history
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    Owner options

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    $1,024/mo

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    $1,024/mo

    Rent Zestimate®

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    $1,677/mo

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    $1,677/mo

    Est. payment

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    What's special

    Complete Rental Investment package Deal for sale in New Iberia, LA. This property is a mix of Duplexes, Mobile Homes & Mobile Home Rental spaces (9 Spaces). Seller is renting (2) Mobile home spaces ($150 & $175), and there are (4) spaces still Available for rent. The three mobile homes which are owned by Seller are 100% occupied and the 2 Duplexes are 100% tenant occupied. This Investment is so ''Turnkey'' that it's currently Grossing $4,700.00 per month ($56,400 Annually), with the potential to gross $7,100.00 per month and $85,200 Annually having the (4) unoccupied mobile homes spaces rented for $600 Each, an extra $2400 per month. Seller does not pay utilities, Each unit is Metered, and upgrades over the years to all residential Structures include replacing each structure's composite shingle roof with a metal roof, and having replaced 6 of the 7 HVAC units within the past 5 years. The seller also has paid over $20,000 in improvements to the onsite waste water system for the property, and any future repair to the drainage system will be provided by the city of New Iberia at no cost to the property owner (City Declaration Attached). PLEASE DO NOT DISTURB TENANTS. Property did not flood during 2016 historic Flood, has not flooded during the recent 2020 Hurricanes Laura or Delta, nor has any of the Livable dwellings ever flooded since the property owner took possession over 14 years ago. No showings will be allowed until a contract is negotiated.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, Washer/Dryer Hookup
    Features
    • Walk-in Closet, Walk-In Closet(s), Master Bedroom, Dining Room, Eat-in Kitchen, Master Bath
    • Flooring: Tile, Linoleum / Vinyl
    • Doors: Storm Door(s)
    • Windows: Window Treatments, Storm Window(s)
    Interior area
    • Structure area source: Owner
    • Total interior livable area: 6,190 sqft

    Property

    Features
    • Entry level: 1
    • Patio & porch: Porch, Porch/Patio/Deck
    • Exterior features: Vinyl
    Lot
    • Size: 2.28 Acres
    • Features: Level, Cul-de-Sac, No Outlet Street
    Details
    • Zoning: residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: New Iberia

    Financial & listing details

    • Price per square foot: $47/sqft
    • Tenant pays: Cable TV, Electricity, Water, Trash Collection, Broadband/Internet Access

    Price history

    DateEventPrice
    12/31/2021Listing removed--
    Source: RAA #21006098 Report a problem
    9/7/2021Price change$445,000-4.3%$72/sqft
    Source: RAA #21006098 Report a problem
    7/1/2021Listed for sale$465,000-2.1%$75/sqft
    Source: RAA #21006098 Report a problem
    3/6/2021Listing removed--
    Source: RAA #20007757 Report a problem
    8/31/2020Listed for sale$475,000$77/sqft
    Source: Latter & Blum #20007757 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 70560

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Center Street
    • Middle: Anderson
    • High: New Iberia

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $290,200
    2% more
    +$5,804
    With Zillow Showcase(estimated)
    $296,004