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Listed byBrittny McKay Real Estate • Brittny Jade McKay • 504-517-5151
$399,000
Est. payment /mo
17 Beds
10 Baths
6,426 SqFt
Active
1207 ST. CHARLES ST Thibodaux, LA 70301
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Key Details
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,426 sqft
Price per Sqft $62
MLS Listing ID 2555980
Style Other
Bedrooms 17
Full Baths 10
HOA Y/N No
Year Built 2002
Lot Dimensions 40 x 180
Property Sub-Type Multifamily 5+
Source ROAM MLS
Land Area 6426
Property Description
Previously generating approximately $6,500 per month at full occupancy, this now bank-owned five-unit multifamily property presents an opportunity to reestablish rental income through immediate lease-up. One unit is currently occupied at $1,243 per month, and four units are vacant.The two-story building contains approximately 6,400 square feet of gross building area and 5,938 square feet of net rentable area. The property features five spacious, townhouse-style units with in-unit laundry, and several units feature updates.Offered at approximately $62 per gross square foot, the property provides an attractive basis for an investor focused on lease-up, stabilized occupancy, and long-term cash flow.Bank-owned property being sold as-is. Seller will make no repairs. Buyer must independently verify measurements, rents, leases, expenses, occupancy, zoning, legal use, property condition, historical income, and all other information material to the purchase.
Location
State LA
County Lafourche
Interior
Cooling Window Unit(s)
Fireplace No
Exterior
Exterior Feature Permeable Paving
Parking Features Off Street, Driveway
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Irregular Lot
Foundation Slab
Water Public
Architectural Style Other
New Construction No
Others
Tax ID 0020490300
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