230 Armentine Cove, Breaux Bridge, LA 70517
$1,482,000
Property Type:
MultiFamily
Square Footage:
11,488
Lot Size (sq. ft.):
56,192
Status:
Active
Current Price:
$1,482,000
List Date:
10/16/2024
Last Modified:
5/31/2025
Description
A unique opportunity awaits to acquire a package of 10 single-family homes in the heart of Breaux Bridge. These properties, located at 230, 236, 242, 248, 260, 266, 272, 302, 308 Armentine Cove (3bed/ 2 bath), and 254 Armentine Cove (4 bed/ 2 bath), offer incredible potential for both immediate rental income and long-term appreciation. This portfolio presents a compelling opportunity to generate strong cash flow and build equity. In fact, the portfolio boasts an impressive annual income of $145,200. This turnkey investment allows you to hit the ground running with minimal effort. The homes are ready for immediate rental or resale, providing flexibility and maximizing your return on investment. By diversifying your portfolio across multiple properties, you can mitigate risk and enhance your financial stability. Moreover, managing multiple homes within the same area allows for economies of scale, streamlining maintenance and operations. And with all roofs replaced in 2020, you can rest assured knowing these homes are in excellent condition. These well-maintained residences boast spacious living areas, perfect for relaxation and entertaining, and private yards offering a tranquil outdoor retreat. Ample parking ensures convenience for residents and guests alike. Don't miss out on this exceptional opportunity to expand your real estate portfolio and capitalize on the growing Breaux Bridge market. This 10-home package is part of a larger portfolio of 40 homes, offering even greater investment potential. 5 home package MLS # 24009681.
Supplements: ********
More Information MLS# 24009695
Listing Info
Status: Active
Listing Date: 2024-10-16
Listing Price: 1482000
Current Price: $1,482,000
List Price/SqFt: 129
Seller Willing to Sell Separately?: Yes
Type: Package Homes
Location Tax Legal Info
Street Number: 230
Street Name: Armentine
St Suffix: Cove
Parish: St Martin
State: LA
Zip Code: 70517
Subdivision: Armentine Cove
Area: M1
Tax Assessment Number: 06901d0312
Elementary School: Call School Board
Middle School: Call School Board
High School: Call School Board
Directions: Head east on I-10, Take exit 109 to merge onto Rees St toward Breaux Bridge, Turn right onto Armentine Cove, Homes will be on your left.
General Property Description
Approximate Age: 16 - 20 Years
Number of Units: 10
Stories: 1
# Buildings: 10
SqFt - Living: 11488
SqFt - Source: Approximate
Total Parking Spaces: 40
# Heat Units: 10
# AC Units: 10
Individual Metered?: Yes
Lot Dimensions: 499 x 115
Acres: 1.29
Mineral Rights: Conveyed
Assn Fee: None
Currently Not Used
Acreage Range: 1 - 2.99
Unit 1
# Units: 230
Type: Other
Beds: 3
Full Baths: 2
SqFt: 1132
Rent/Mo: 1200
Occupant: Tenant
Unit 2
# Units: 236
Type: Other
Beds: 3
Full Baths: 2
SqFt: 1132
Rent/Mo: 1200
Occupant: Tenant
Unit 3
# Units: 242
Type: Other
Beds: 3
Full Baths: 2
Rent/Mo: 1200
Occupant: Tenant
SqFt: 1132
Unit 4
# Units: 248
Type: Other
Beds: 3
Full Baths: 2
SqFt: 1132
Rent/Mo: 1200
Occupant: Tenant
Sewer
Sewer Company: City of Breaux Bridge
Water Source
Water Company: City of Breaux Bridge
Property Features
Siding: Brick; Vinyl Siding
Parking: Parking Garage
Construction: Frame
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Interior: Electric Dryer Connection; Electric Stove Connection; Window Treatments
Flooring: Laminate; Other
Appliances: Electric Range; Electric Range; Refrigerator
Unit 1 Features: Dining Room; Master Bedroom; Porch/Patio/Deck; Washer/Dryer Hookup
Unit 2 Features: Dining Room; Master Bedroom; Porch/Patio/Deck; Washer/Dryer Hookup
Unit 3 Features: Dining Room; Master Bedroom; Porch/Patio/Deck; Washer/Dryer Hookup
Unit 4 Features: Dining Room; Master Bedroom; Porch/Patio/Deck; Washer/Dryer Hookup
Equipment: Cable Available; Ceiling Fans
Security Features: Carbon Monoxide Detector(s)
Exterior: Outside Light; Patio
Lot: Additional Land Avai; Cul-De-Sac; Level; No Outlet Street
Tenant Pays: Cable/Sat TV; Electric; Sewer; Trash; Water
Sewer: Public Sewer
Water Source: Public
Financing: 1031 Exchange; Cash; Owner Finance
Documents
Listing Office: Keaty Real Estate Team
Last Updated: May - 31 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.