713 E Vermilion Street, Lafayette, LA 70501
$130,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,171
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$130,000
List Date:
5/07/2025
Last Modified:
7/08/2025
Description
GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.'' Set up showing through Showing time. Please set up one day in advance.
Supplements: ********
More Information MLS# 2020023634
Listing Info
Status: Active
Listing Date: 2025-05-07
Listing Price: 130000
Current Price: $130,000
List Price/SqFt: 118.18
Type: Single Family Residence
Property Attached: No
Sub-Type: Townhouse
Document Modified: 2025-05-08 07:32:26.984707
Modification Timestamp: 2025-07-08T20:41:15Z
Photo Modified: 2025-05-19T19:20:05Z
Location Tax Legal Info
Street Number: 713
Dir: E
Street Name: Vermilion
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Mouton L.
Area: G2
Tax Assessment Number: 6046374
Zone: RES
Elementary School: Woodvale
Middle School: L J Alleman
High School: Lafayette
Directions: From W Pinhook, turn onto E Vermilion St. Travel about 0.4 miles down E Vermilion St. and destination will be on the right.
General Property Description
# Bedrooms: 3
Baths - Full: 3
Total Baths: 3
SqFt - Living: 1100
SqFt - Other Structures Living: 535
SqFt - Total: 1171
SqFt - Source: Owner
Stories: 1
Approximate Age: 51 - 75 Years
Acres: 0.12
Acreage Range: 0 - 0.5
Assn Fee: None
Lot Dimensions: 50X100
Mineral Rights: Conveyed
Pool on Subject Property: No
Water Source
Water Company: LUS
Originating Details
Originating System ID: M00000300
Originating System Key: 20250507174444442212000000
Originating System Listing ID: 2020023634
Originating System Name: RAA Flex
Property Features
Style: Other
Siding: Wood
Parking: Open
Foundation: Piers
Road Frontage: City Street
Roof: Composition
Heating: Other
Cooling: Window Units
Sewer: Public Sewer
Water Source: Public
Utilities: Elec: City
Financing: Cash; Conventional
Showing: See Remarks
Documents
Property Disclosure ›Listing Office: Keller Williams Realty Acadiana
Last Updated: July - 08 - 2025
Broker Attribution:
337-735-9300
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.