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115 W Foch Street, Lafayette, LA 70501

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For Sale

$839,900

12,937 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $64.92
    Price per square foot

Explore this Property

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.
MLS# 2500005662

Courtesy Of Real Broker, LLC

(337) 534-0555

Property Features

  • Amenities
    Deck, Porch, Patio, Wired
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Vinyl

Map and Directions

Directions to 115 W Foch Street, Lafayette, LA 70501
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Home seller CENTURY 21 Action Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Action Realty

(337) 704-9021
Learn More About Us

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