$125,000
SOLD SEP 7, 2017
Last list price

101 Belgium St Unit A-D Lafayette, LA 70506

Central Lafayette Parish Neighborhood
8 Beds
8 Baths
4,036 Sq Ft
7,775 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

53 Days on Market

Highlights

  • High Ceiling
  • Central Heating and Cooling System
  • Wood Siding
  • Ceramic Tile Flooring

About This Home

As of July 2020

4 is Better Than 2!This Fourplex is already producing $2175 per month, with all units occupied! With a listing price of ONLY $125,000.Get Your Money Back in #NoTime!Multi-Unit properties can be financed as residential properties under the same guidelines as single family homes. Many of these units fall within the Freddie Mac and Fannie Mae conforming guidelines- translating to more options, lower costs, and better interest rates!With multi-unit investment properties, your goal should be very clear..#CashFlow! And ''why is cash flow so important, you ask? Well, first and foremost, ''cash flow properties'' can survive all market cycles- for example, in a real estate market that is peaking, you may be able to leverage equity to buy more units!

Last Agent to Sell the Property

Jennifer Duhon

Century 21 Action Realty License #0995685823 Listed on: 06/13/2017

Last Buyer's Agent

Germaine Kennon

raa.unknownoffice

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,775 Sq Ft Lot
  • Lot Dimensions are 70.68 x 110

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,036 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Prairie Elementary School
  • Edgar Martin Middle School
  • Acadiana High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,175
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 96

Community Details

Overview

  • 4 Units
  • Ile Des Cannes Subdivision

Building Details

  • 4 Leased Units
  • Maintenance Expense $1,500
  • Other Expense $500
  • Operating Expense $400
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1785
  • Lot Size: 70.68 x 110
  • Subdivision Name: Ile Des Cannes
  • Directions: from Amb Caff, turn on Dulles, continue to Herbert- turn left, right on Berlin
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Other
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile, Tile, Carpet
  • Interior Amenities: High Ceilings, Master Bath, Unit 1(Master Bedroom), Unit 2(Master Bedroom), Unit 3(Master Bedroom), Unit 4(Master Bedroom)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Other, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 21 - 30 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Prairie
  • High School: Acadiana
  • Middle Or Junior School: Edgar Martin

Lot Info

  • Lot Size Sq Ft: 7774.8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 1500
  • Number Of Units Leased: 4
  • Annual Operating Expense: 400
  • Total Actual Rent: 2175

Tax Info

  • Tax Lot: 96

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 For Rent $795 0.0% --
07/02/2020 07/02/20 Sold -- -- --
03/28/2020 03/28/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $110,000 -12.0% $28 / Sq Ft
09/07/2017 09/07/17 Sold -- -- --
08/06/2017 08/06/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $125,000 -- $31 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Germaine Kennon

    Seller's Agent in 2020

    Germaine Kennon

    Compass

    (337) 781-0949

    2 in this area

    20 Total Sales

    Germaine Kennon
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Agent/Seller

    Non-Mbr Office/Seller

  • Jennifer Duhon

    Seller's Agent in 2017

    Jennifer Duhon

    Century 21 Action Realty

    (337) 278-5066

    12 in this area

    168 Total Sales

    Jennifer Duhon
    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 17005896

REALTOR® Association of Acadiana
Louisiana Lafayette Parish Lafayette 70506 Central Lafayette Parish

101 Belgium St Unit A-D, Lafayette, LA

This home is located at 101 Belgium St Unit A-D, Lafayette, LA 70506 and is currently priced at $125,000, approximately $30 per square foot. 101 Belgium St Unit A-D is a home located in Lafayette Parish with nearby schools including Westside Elementary School, Scott Middle School, and Acadiana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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