503 S State Street, Abbeville, LA 70510
$1,950,000
Property Type:
MultiFamily
Square Footage:
2,200
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$1,950,000
List Date:
1/28/2025
Last Modified:
5/31/2025
Description
INVESTOR/ LANDLORD OPPORTUNITY!!
This home is part of a Portfolio of 30 Homes CURRENTLY GENERATING MONTHLY RENT! Homes range from 2 bed/ 1 baths to 4 bed/ 2 baths, and are anywhere from 700sqft - 2400sqft each! Majority of the homes are located in Abbeville, with 3 properties in Kaplan, and 2 in Lafayette! Small renovations have been done to each home between rental terms, such as laying wood laminate floors, changing windows, and adding metal roofs.
Each home is available for individual Sale or smaller packages can be formed.
This could be a great addition to any investment portfolio, call for info today!
Supplements: ********
More Information MLS# 25000800
Listing Info
Status: Active
Listing Date: 2025-01-27
Listing Price: 1950000
Current Price: $1,950,000
List Price/SqFt: 886.36
Seller Willing to Sell Separately?: Yes
Type: Package Homes
Location Tax Legal Info
Street Number: 503
Dir: S
Street Name: State
St Suffix: Street
Parish: Vermilion
State: LA
Zip Code: 70510
Subdivision: None
Area: V1
Tax Assessment Number: Ra078000
Elementary School: Eaton Park
Middle School: J H Williams
High School: Abbeville
Directions: From Johnston St/ US-167 S: Take US-167 S through Maurice and into Abbeville where it 167 turns into Park Ave. Left onto Port St., Continue onto Pere Megret St., Right onto S Washington St., Left onto W Lafayette St., Turn right at the 2nd cross street onto S State St., Home on Left
General Property Description
Approximate Age: 51 - 75 Years
Number of Units: 1
Stories: 1
SqFt - Living: 2200
SqFt - Source: Appraiser
Total Parking Spaces: 2
# Heat Units: 1
# AC Units: 1
Individual Metered?: Yes
Lot Dimensions: 50x90
Acres: 0.1
Mineral Rights: Reserved
Assn Fee: None
Currently Not Used
Acreage Range: 0 - 0.5
Unit 1
Floor Plan: Single Family
# Units: 1
Type: Other
Beds: 3
Full Baths: 2
SqFt: 2200
Rent/Mo: 1300
Occupant: Tenant
Unit 2
Floor Plan: Duplex
# Units: 2
Type: Other
Beds: 5
Full Baths: 2
SqFt: 1562
Rent/Mo: 1225
Occupant: Tenant
Unit 3
Floor Plan: Duplex
# Units: 2
Type: Other
Beds: 4
Full Baths: 2
Rent/Mo: 835
Occupant: Tenant
SqFt: 1497
Unit 4
Floor Plan: Single Family
# Units: 1
Type: Other
Beds: 3
SqFt: 1019
Rent/Mo: 650
Occupant: Tenant
Water Source
Water Company: CITY
Property Features
Siding: Wood
Parking: Assigned; Units Vary
Construction: Frame
Foundation: Piers
Roof: Metal
Heating: Central; Electric; Other
Cooling: Ceiling Fans; Central Air; Other
Interior: Electric Dryer Connection; Electric Stove Connection; Electric Washer Connection; Walk-In Closet(s)
Flooring: Vinyl Plank; Other
Appliances: Dishwasher; Disposal; Electric Range; Electric Range; Microwave
Unit 1 Features: Dining Room; Master Bedroom; Porch/Patio/Deck; Walk-in Closet; Washer/Dryer Hookup
Unit 2 Features: Washer/Dryer Hookup
Unit 3 Features: Porch/Patio/Deck; Washer/Dryer Hookup
Unit 4 Features: Washer/Dryer Hookup
Equipment: Cable Available; Cable Ready; Ceiling Fans; individual Meter
Other Structures: Sheds(s)
Miscellaneous: Units Vary
Tenant Pays: Broadband/Internet Access; Cable/Sat TV; Electric; Sewer; Trash; Water
Sewer: Public Sewer
Water Source: Public
Financing: 1031 Exchange; Cash; Conventional; Private Banking
Documents
Package Exhibit List w Assessment #s ›Listing Office: Real Broker, LLC.
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.