427 N Sterling Street, Lafayette, LA 70501
$305,000
Property Type:
MultiFamily
Square Footage:
3,940
Lot Size (sq. ft.):
25,265
Status:
Active
Current Price:
$305,000
List Date:
6/14/2024
Last Modified:
6/21/2025
Description
Fully occupied multi-family investment opportunity! This property consists of four fenced in dwellings on site with $3,295/monthly income. House A is 3 bed, 1 bath (2,013 SF) rented for $1,295. House B is 2 bed, 2 bath (1,059 SF) rented for $800/month. House C is 1 bed, 1 bath (400 SF) rented for $550/month. House D is 1 bed, 1 bath (500SF) rented for $650/month. In addition to the rental units this property offers a 2,100 SF shop. Perfect for a real estate investor to store items of his or her trade.
Supplements: ********
More Information MLS# 24005683
Listing Info
Status: Active
Listing Date: 2024-06-11
Listing Price: 305000
Current Price: $305,000
List Price/SqFt: 77.41
Seller Willing to Sell Separately?: No
Type: Quadruplex
Location Tax Legal Info
Street Number: 427
Dir: N
Street Name: Sterling
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Snodgrass Add
Area: D
Tax Assessment Number: 6027060
Zone: RS-1
Elementary School: J W Faulk
Middle School: Paul Breaux Middle
High School: Southside
Directions: US-90 W, Turn right onto Mudd Ave, Then turn left at the onto N Sterling St, Home on left.
General Property Description
Approximate Age: 76+ Years
Number of Units: 4
Stories: 1
# Buildings: 3
SqFt - Living: 3940
SqFt - Source: Appraiser
Total Parking Spaces: 6
# Heat Units: 4
# AC Units: 4
Individual Metered?: Yes
Lot Dimensions: 126 X 200
Acres: 0.58
Mineral Rights: Negotiable
Assn Fee: None
Currently Not Used
Acreage Range: 0.51 - 0.99
Sewer
Sewer Company: LUS
Water Source
Water Company: LUS
Property Features
Siding: Stucco
Construction: Frame
Foundation: Piers
Roof: Composition; Metal
Heating: Central; Electric
Cooling: Central Air
Interior: 9+ Ft Ceiling; Electric Dryer Connection
Flooring: Wood
Appliances: Dishwasher; Disposal; Gas Range; Gas Range; Refrigerator
Equipment: Cable Available; Fiber Available
Other Structures: Sheds(s); Storage
Lot: Level
Fencing: Full
Sewer: Commercial Sewer
Water Source: Commercial Water
Financing: Cash; Conventional
Listing Office: Compass
Last Updated: June - 21 - 2025
Broker Attribution:
337-233-9700
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.