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$ 320,000
Est. payment /mo
Active
1000 E Simcoe ST Lafayette, LA 70501
11 Beds
6 Baths
4,051 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,051 sqft
Price per Sqft $78
Subdivision Comington Nu Ad
MLS Listing ID 2500001754
Bedrooms 11
Full Baths 6
Property Description
Here's your chance to secure a 5-property single-family rental portfolio in one purchase -- perfect for both new and seasoned investors looking to expand their cash flow. These properties have been professionally managed and updated for the past two years, offering a turn-key addition to your portfolio. Current occupancy is 3 out of 5 units, generating $1,940 in monthly rental income, with prior full occupancy rents totaling $3,890 per month. All properties have a consistent rental history and offer potential for increased cash flow through increased rents or minor improvements. Rent roll and management history are available upon request. Please do not disturb tenants. Seller is a licensed real estate broker in the state of Louisiana.
Location
State LA
County Lafayette
Direction Pinhook North, left on Simcoe, properties on corner of Simcoe/Eighth
Interior
Heating None
Cooling Window Unit(s)
Flooring Laminate
Appliance Electric Range, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Lighting
Roof Type Metal
Garage false
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Schools
Elementary Schools R. Baranco/Moss
Middle Schools Paul Breaux Middle
High Schools Northside
Listed by Cachet Real Estate, LLC