304 Carmel Drive, Lafayette, LA 70501 (MLS# 24009137)

304 Carmel Drive, Lafayette, LA 70501

$375,000
Property Type: MultiFamily Square Footage: 4,775 Status: Active
Current Price: $375,000 List Date: 4/11/2025 Last Modified: 6/19/2025

Description

Excellent investment opportunity for this package of 5 houses. Priced at $380,000 for 4,775 sqft of living area ($80/sqft). Rental income is $4,450/mo (53,400/year). All houses are occupied and within close proximity of each other.

Supplements: ********

More Information MLS# 24009137

Listing Info

Status: Active Listing Date: 2024-09-27 Listing Price: 375000 Current Price: $375,000 List Price/SqFt: 78.53 Seller Willing to Sell Separately?: Yes Type: Package Homes

Location Tax Legal Info

Street Number: 304 Street Name: Carmel St Suffix: Drive Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Veazey Addition Area: G3 Tax Assessment Number: 6064616 Elementary School: J W Faulk Middle School: Paul Breaux Middle High School: Northside Directions: From the Thruway: 304 Carmel: Right on Louisiana Ave, travel 0.9 miles, right on Carmel, 0.2 miles, house on the right. 205/207 Haig: Right on Louisiana Ave, travel 0.8 miles, right on Haig, 0.2 miles, house on the left. 109/114 Randolph: Right on Louisiana Ave, travel 1.5 miles, left on Randolph, 0.3 miles, houses on the left and right.

General Property Description

Approximate Age: 51 - 75 Years Number of Units: 5 SqFt - Living: 4775 SqFt - Source: Approximate # Heat Units: 5 # AC Units: 3 Individual Metered?: Yes Lot Dimensions: . Mineral Rights: Conveyed

Unit 1

Beds: 4 Full Baths: 2 SqFt: 1652 Rent/Mo: 900 Occupant: Tenant

Unit 2

Beds: 3 Full Baths: 1 SqFt: 890 Rent/Mo: 850 Occupant: Tenant

Unit 3

Beds: 3 Full Baths: 1 Rent/Mo: 850 Occupant: Tenant SqFt: 920

Unit 4

Beds: 2 Full Baths: 1 SqFt: 625 Rent/Mo: 800 Occupant: Tenant

Sewer

Sewer Company: LUS

Water Source

Water Company: LUS

Property Features

Siding: Other Parking: Units Vary Construction: Frame Foundation: Piers Roof: Composition; Metal Heating: Central; Electric Cooling: Ceiling Fans; Central Air; Window Units Appliances: Other Tenant Pays: Electric; Gas; Sewer; Trash; Water Sewer: Public Sewer Financing: Cash; Conventional
Listing Office: The Gleason Group
Last Updated: June - 19 - 2025
304 Carmel Drive, Lafayette, LA 70501- MLS# 24009137
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