143 Martin Luther King Drive, Lafayette, LA 70501

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143 Martin Luther King Drive, Lafayette, LA 70501

$560,000
7,020 sq ft
Multi-Family
Listing #24005351

Property Description

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. Nine of the units are currently occupied currently generating $5,780 per month . The units are individually metered for water, sewer and electricity. Owner pays trash. This is a significant Value-add opportunity.

Listing Details

Price	$560,000
Property Type	Multi-Family
Listing #	24005351
Status	Active
County	Lafayette
Listing Type	For Sale

Interior Features

Square Feet	7,020
Floors	Carpet, Vinyl Sheet
Heating and Cooling	Central, Central Air

Exterior Features

Exterior	Wood
Foundation	Slab
Roof	Composition
Lot Size	0.84 acres

Miscellaneous

MLS Area	D
Measurement Source	Owner

Courtesy of Bridgit Plumbar-Chaisson, Latter & Blum Compass337-781-6341

This content last updated on 11/29/2024 4:52 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.

Community Information for Lafayette, LA 70501

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Safety in Lafayette, LA 70501

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Community information from Home Junction Inc.

Mortgage Calculator

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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.

Blaise Verret

NextHome Cutting Edge Realty

143 Martin Luther King Drive, Lafayette, LA 70501 | Listings

143 Martin Luther King Drive, Lafayette, LA 70501

Property Description

Listing Details

Interior Features

Exterior Features

Miscellaneous

Housing Occupancy

Rural vs. Urban

Community Information for Lafayette, LA 70501

Demographics

Population Facts

Population by Age Range

Population by Sex

Population by Race

Education

Highest Education Level Completed

Education - Current Enrollment

Income

Annual Household Income

Daily Commute

Population Employment

Consumer Price Indexes

Safety

Safety in Lafayette, LA 70501

Crime Threat Index

Weather

Weather in Lafayette, LA 70501

Weather Facts

Average Temperatures

Monthly Weather

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Mortgage Calculator

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Blaise Verret

NextHome Cutting Edge Realty

Refine Your Search

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143 Martin Luther King Drive, Lafayette, LA 70501

Property Description

Listing Details

Interior Features

Exterior Features

Miscellaneous

Housing Occupancy

Rural vs. Urban

Community Information for Lafayette, LA 70501

Demographics

Population Facts

Population by Age Range

Population by Sex

Population by Race

Education

Highest Education Level Completed

Education - Current Enrollment

Income

Annual Household Income

Daily Commute

Population Employment

Consumer Price Indexes

Safety

Safety in Lafayette, LA 70501

Crime Threat Index

Weather

Weather in Lafayette, LA 70501

Weather Facts

Average Temperatures

Monthly Weather

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Mortgage Calculator