NOT LISTED FOR SALE

Estimated Value: $133,000 - $164,000

4 Beds
4 Baths
1,800 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 30, 2023

Current estimated payment $880/month

Highlights

  • Porch
  • Patio
  • Wood Siding
  • Window Unit Cooling System
  • Level Lot
  • Carpet

About This Home

As of June 2023

Well maintained 4 Plex in North Lafayette. Property has a low maintenance brick exterior. Potential rental income of $2,000 per month and $24,000 yearly. Currently at 75% occupancy with a total of $1,465 in monthly rents coming in. Tenants pay all of their own utility expenses. The building is located above I-10 which helps with lower insurance premiums. These types of solid investments rarely come available, so don't miss out on your opportunity to get some really nice CASH flow!

Last Agent to Sell the Property

Jamie Knight

District South Real Estate Co. License #69168 Listed on: 05/11/2023

Last Buyer's Agent

Jennifer Duhon

Century 21 Action Realty License #0995685823

Century 21 Action Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,144

Lot Details

  • Lot Dimensions are 75.85' x 75.40' x 75.85' x 76.21'
  • Level Lot

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Evangeline Elementary School
  • Acadian Middle School
  • Carencro High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $1,465
  • Tenant pays for electricity, sewer, trash collection, water
  • Tax Lot 26

Community Details

Overview

  • 4 Units
  • Fountainbleu Dv Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • New Taxes Expense $1,083
  • Gross Income $17,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,144

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 75.85' x 75.40' x 75.85' x 76.21'
  • Subdivision Name: Fountainbleu Dv
  • Directions: I-49 to E. Pont Des Mouton Road, Right on Rue Royale.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Living Area: 1800

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric,Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Evangeline
  • High School: Carencro
  • Middle Or Junior School: Acadian

Rental Info

  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 17580
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Total Actual Rent: 1465
  • Income And Expenses Vacancy Allowance: 25

Tax Info

  • New Taxes Expense: 1083
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Angela Navarre
Bought by
Jcd Fp Rue Royale Llc
Current Estimated Value
$144,219
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jcd Fp Rue Royale Llc $519 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold -- -- --
05/12/2023 05/12/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $140,000 -70.2% $78 / Sq Ft
10/06/2016 10/06/16 Sold -- -- --
09/21/2016 09/21/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $470,000 -- $294 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,144 $10,871 $1,000 $9,871
2023 $1,144 $10,361 $1,000 $9,361
2022 $1,084 $10,361 $1,000 $9,361
2021 $1,088 $10,361 $1,000 $9,361
2020 $1,084 $10,361 $1,000 $9,361
2019 $644 $7,810 $1,000 $6,810
2018 $797 $7,810 $1,000 $6,810
2017 $796 $7,810 $1,000 $6,810
2015 $795 $7,810 $1,000 $6,810
2013 -- $7,810 $1,000 $6,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23004069

REALTOR® Association of Acadiana

APN: 6044221