LA > Lafayette > Mouton L.
Lafayette, LA 70501,713 E Vermilion ST
Lafayette, LA 70501,713 E Vermilion ST
Lafayette, LA 70501,713 E Vermilion ST
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Jeremy Broussard

Jeremy Broussard

+1(337) 247-0352
$ 160,000
Est. payment | /mo

3 Beds

3 Baths

1,100 SqFt

Save
$ 160,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,100 SqFt

Key Details

Property Type Single Family Home, Townhouse

Sub Type Detached Single Family,Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $145

Subdivision Mouton L.

MLS Listing ID 2020023634

Bedrooms 3

Full Baths 3

Lot Size 5,227 Sqft

Property Sub-Type Detached Single Family,Townhouse

Property Description

GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.''

Location

State LA

County Lafayette

Zoning RES

Direction From W Pinhook, turn onto E Vermilion St. Travel about 0.4 miles down E Vermilion St. and destination will be on the right.

Interior

Heating Other

Cooling Window Unit(s)

Exterior

Roof Type Composition

Garage false

Private Pool false

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

Elementary Schools Woodvale

Middle Schools L J Alleman

High Schools Lafayette

REALTOR® Association of Acadiana IDX
Listed by Keller Williams Realty Acadiana
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(337) 247-0352

jeremy@337favrealtor.com

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713 E Vermilion ST