901 Lamar Street

Lafayette LA 70501

5317 sq. ft.

Multi-Family

Teresa Rainey, last sold this property on 10 January 2025 after 98 days on market.

Overview

*Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required* *Ask about creative financing, 30%-40% owner finance/cash back option* Discover a prime investment opportunity with this 6-unit multi-family property in Freetown, perfectly situated within walking distance of the university. Each 2-bedroom, 1-bathroom, 886 sqft unit has been tastefully refreshed with laminate flooring, fresh paint, and more. Currently 100% occupied with tenants responsible for all utilities, this property generates an average rent of approximately $825 per unit, with potential for increases upon renewal. The owner is only responsible for taxes and insurance, making this a fantastic turnkey investment in a high-demand rental area.

Features

8 bedrooms

4 bathrooms

13 carspaces

5317 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Lafayette over the last 12 months.

Property history for 901 Lamar Street

2025

Sold

Undisclosed

10 Jan 2025 by Teresa Rainey, of Real Broker, LLC

2023

Sold

Undisclosed

02 May 2023

2021

Sold

Undisclosed

07 Jul 2021

Happy sellers in Lafayette

We have insufficient information to provide an overview of customer satisfaction for Lafayette. Viewing the agent profiles, reviews and sales for Lafayette can provide insights for this location.