503 S State Street, Abbeville, LA 70510 (MLS# 25000800)

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
Listing Office: Real Broker, LLC.
Last Updated: May - 31 - 2025
503 S State Street, Abbeville, LA 70510- MLS# 25000800
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.