Multi-Family $ 0

115 W Foch ST

Lafayette, LA 70501

  • 0.25 Lot Size
  • - Year Built
12 Plex Rental Investment property located near Downtown Lafayette. Currently rented to one organization who is paying a total of $10,020 per month and $120, 240 yearly. The organization subleases the units, collects all rents, and makes one monthly payment to the property owner. Unit makeup - (10) 2 Bedroom 1 Bath Units and (2) 1 Bedroom 1 Bath Units. Market value, if rented individually, are $850 per 2 bedroom unit and $800 per 1 bedroom unit. 11% CAP Rate makes this property a very nice income earner with strong profit margins. The owner is in the process of putting a new roof on the property which will make this property, very low maintenance. Full financials available by request.
Listed by Real Broker, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Pending

    Purchase Type For Sale

    Subdivision Parkdale Add

    MLS Listing ID 2500005662

    Lot Size 0.255 Acres

    Property Sub-Type Multi Family

  • Location

    State LA

    County Lafayette

    Direction From Johnston St follow to Louisiana Avenue, left on Foch St.

  • Building

    Lot Description Level

    Story 2

    Foundation Slab

    Sewer Public Sewer

  • Interior

    Heating Central, Electric, Heat Unit(s)

    Cooling Central Air, AC Unit(s)

    Flooring Carpet, Vinyl Plank

    Appliance Electric Range, Refrigerator, Electric Cooktop

  • Exterior

    Exterior Feature Balcony

    Fence Privacy, Wood

    Roof Type Composition

    Garage false

  • Schools

    Elementary Schools R. Baranco/Moss

    Middle Schools Paul Breaux Middle

    High Schools Northside

CONTACT

Sean Hettich
Sean Hettich

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