NOT LISTED FOR SALE

1501 N Bertrand Dr Lafayette, LA 70506

Oaklawn Neighborhood
1 Bed
1 Bath
4,660 Sq Ft
6,570 Sq Ft Lot

Last Sold July 28, 2023

12 Days on Market

About This Home

As of July 2023

As of 4/27/23100% occupied IncomeRent $3650/monthUtility Reimbursement $80/month (opportunity to go up another $160 on other 4 tenants at renewal.Current occupied rent roll at 10%: $43,800/yearCurrent utility reimbursement: $960/yearCurrent Rent + Reimbursement: $44,760.00Gross Potential Rent: $46,200/yearGross Potential utility reimbursement: $2,880/yearGross Potential Rent + Reimbursement: $49,080/yearOperating costsLawn care: $0Dumpster: $1,905/yearWater/Sewer: $2880/year (Tenant's are charged a $40/month water fee in addition to Rent)Management: $4,800/yearMaintenance and Capex: Estimated at $4,500/year estimatedInsurance: $4,500Taxes: $2,720.51Total Operating costs: $21,305.51Improvements since purchase in 2018New roof: 2018 HVAC: 5 of 6 systems replaced since 2018
During DD in purchase period
5/16/18
7/12/18
10/4/18
8/9/21
$16k total

Last Agent to Sell the Property

Buddy Glass

BG Realty & Management, LLC License #995713291 Listed on: 05/08/2023

Last Buyer's Agent

Sharon Lopresto

Spectrum Real Estate License #5745

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,570 Sq Ft Lot
  • Lot Dimensions are 60 x 109.5

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 4,660 Sq Ft Home
  • 2-Story Property

Schools

  • Montgomery Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Community Details

  • 6 Units
  • Jules Domingue Subdivision

Listing and Financial Details

  • Tax Lot 005

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1508
  • Lot Size: 60 x 109.5
  • Subdivision Name: Jules Domingue
  • Directions: off of Bertrand and Ambassador
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator

Exterior Features

  • Construction Type: Brick, Frame, Brick Veneer
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Montgomery
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 6570
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 005

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
07/28/2023 07/28/23 Sold -- -- --
05/21/2023 05/21/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $425,000 +52.3% $91 / Sq Ft
03/30/2018 03/30/18 Sold -- -- --
02/12/2018 02/12/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $279,000 -- $60 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Buddy Glass

    BG Realty & Management, LLC

    (337) 281-4391

    1 in this area

    21 Total Sales

    Buddy Glass
    Section Image

  • S

    Buyer's Agent in 2023

    Sharon Lopresto

    Spectrum Real Estate

    (337) 501-9033

    1 in this area

    10 Total Sales

    Sharon Lopresto
    Section Image
  • Phil Devey

    Seller's Agent in 2018

    Phil Devey

    Frontline Real Estate Group

    (337) 258-3382

    15 Total Sales

    Phil Devey
    Section Image

  • P

    Buyer's Agent in 2018

    Philip Devey

    Coldwell Banker Pelican R.E.

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 23003929

REALTOR® Association of Acadiana

Louisiana Lafayette Parish Lafayette 70506 Oaklawn

1501 N Bertrand Dr, Lafayette, LA

This home is located at 1501 N Bertrand Dr, Lafayette, LA 70506 since 08 May 2023. 1501 N Bertrand Dr 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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