LA > New Iberia > Pourciau
New Iberia, LA 70560,406 & 408 Fontelieu DR
New Iberia, LA 70560,406 & 408 Fontelieu DR
New Iberia, LA 70560,406 & 408 Fontelieu DR
New Iberia, LA 70560,406 & 408 Fontelieu DR
New Iberia, LA 70560,406 & 408 Fontelieu DR
New Iberia, LA 70560,406 & 408 Fontelieu DR
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Latonia Riggs

Latonia Riggs

Evolve Realty LLC

+1(337) 230-7450
$ 150,000
Est. payment | /mo

6 Beds

4 Baths

3,062 SqFt

Save
$ 150,000
Est. payment | /mo
Save

6 Beds

4 Baths

3,062 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,062 sqft

Price per Sqft $48

Subdivision Pourciau

MLS Listing ID 2020022614

Bedrooms 6

Full Baths 4

Lot Size 0.600 Acres

Property Sub-Type Multi Family

Property Description

Investor special! This unique income-producing property offers four rental units generating a total of $1,950 per month, providing steady cash flow from day one with its 100% occupancy. Situated on a spacious 195' wide x 134' deep lot, this property is full of potential for the right buyer.First property in the package is a 3 bedroom 1 bath brick on slab home with long-standing tenant. Next is a triplex with 2 downstairs studios and one upstairs unit. Shared laundry is used for all 4 tenants, though the house does have hook ups. This could be an ideal owner occupant/landlord opportunity too. Many years ago- the property was used as a mechanic shop. So the property includes large covered bays that open the door to a variety of possibilities--convert to a car wash, auto detailing service, workshop, or storage facility. With plenty of land to work with, there's room to expand or redevelop in the future. This property is perfect for an investor or entrepreneur with vision. Whether you hold for cash flow, redevelop, or explore business use, the opportunities are here.

Location

State LA

County Iberia

Direction Take Admiral Doyle in the direction of Jeanerette. Pass NISH & Cathy's Daycare. Fontelieu is the next street on the left after Bayard St. Property will be on the left after you pass a little convenient store (Pantry Food on the right) Please do not disturb tenants. No sign on the property.

Interior

Interior Features Ceiling Fan(s), Storage, Unit 1(Eat-in Kitchen)

Heating Wall Furnace, Heat Unit(s)

Cooling Window Unit(s), AC Unit(s)

Flooring Concrete

Appliance Dryer, Refrigerator, Washer

Laundry Common Area, Unit 1 Washer/Dryer Hookup

Exterior

Fence Chain Link

Utilities Available Cable Available, Cable Connected

Roof Type Metal

Garage false

Building

Story 2

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Magnolia

Middle Schools Iberia

High Schools New Iberia

REALTOR® Association of Acadiana IDX
Listed by Dwight Andrus Real Estate Agency, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(337) 230-7450

info@evolverealtyco.com

121 Leonie St, Lafayette, LA, 70506, USA

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406 & 408 Fontelieu DR