NOT LISTED FOR SALE

2242 George Dr Opelousas, LA 70570

Opelousas Area
8 Beds
8 Baths
4,000 Sq Ft
-- Built

Sale Details

Date Sold: October 30, 2020

17 Days on Market

Highlights

  • Corner Lot
  • Additional Land
  • Central Heating and Cooling System

About This Home

As of October 2020

Great 4 Plex in the heart of Opelousas. This multi-family unit has had (1) one vacancy in the last 24 months. Has great cash flow and potential for more. Each unit is individually metered for electricity but is on one meter for water. Average monthly water bill is $133.33. This property has 8 parking spots. Unit generates $2,400 per month or $28,800 per year. Each unit features a 2 bedroom, 1.5 bath and 1,000 SqFt. Additional land is available. The empty adjacent lot is for sale (MLS # 20002339) with city utilities available. This is part of a confidential listing please see MLS #20000465. Owner has authorized us to list this property as a single listing. If you like the full list of properties please let me know. No property walk-troughs or inspections until approved offer.

Last Agent to Sell the Property

Charles Ditch

Keaty Real Estate Team License #995695266 Listed on: 08/05/2020

Keaty Real Estate Team

Co-Listed By

Tony Cobarrubia

Keaty Real Estate Team

Last Buyer's Agent

Steven Moody

Christe Dailey Realty

Property Details

Home Type

  • Multi-Family

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Lot Details

  • Lot Dimensions are 157 x 165 x 113 x 149
  • Corner Lot
  • Level Lot
  • Additional Land

Schools

  • Park Vista Elementary School
  • Opelousas Middle School
  • Opelousas High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,400
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, trash collection
  • The owner pays for water
  • Tax Lot 7

Community Details

Overview

  • 4 Units
  • Park Vista Subdivision

Building Details

  • 4 Leased Units
  • Maintenance Expense $460
  • New Taxes Expense $1,057
  • Operating Expense $4,317
  • Gross Income $28,800
  • Net Operating Income $23,143

Property Details

Home Type

Multi-Family

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 157 x 165 x 113 x 149
  • CapRate: 0.100623
  • Co List Office Phone: 337-235-7770
  • Subdivision Name: Park Vista
  • Directions: As you head north of I-49N, Take exit 17 for Judson Walsh Dr., Turn left onto Judson Walsh Dr., Turn right onto Interstate 49 South Service Rd., Turn left onto Heather Dr., Turn right onto George Dr. Unit will be at the corner of George Dr. and Hashim Dr.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • List_136: 92.075608
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Other
  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4000
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Additional Land Avai, Corner Lot, Level
  • Construction Type: Frame, Brick Veneer, Other Siding
  • Foundation Details: Slab
  • Property Condition: 16 - 20 Years
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • 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: Park Vista
  • High School: Opelousas
  • Middle Or Junior School: Opelousas

Lot Info

  • Zoning: R-1

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800
  • Maintenance Expense: 460
  • Property Net Operating Income: 23143.29
  • Number Of Units Leased: 4
  • Annual Operating Expense: 4316.71
  • Total Actual Rent: 2400

Tax Info

  • New Taxes Expense: 1056.71
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Dec 8, 2020
Sold by
Bought by
Seller's Agent
Charles Ditch
Keaty Real Estate Team
Buyer's Agent
Steven Moody
Christe Dailey Realty
List Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,384,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 30, 2020
Sold by
Bought by
Seller's Agent
Charles Ditch
Keaty Real Estate Team
Buyer's Agent
Steven Moody
Christe Dailey Realty
List Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,384,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 None Available
$230,000 None Available
$98,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,384,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold -- -- --
08/23/2020 08/23/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $235,000 -- $59 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,403 $36,100 $4,980 $31,120
2024 $14 $36,100 $4,980 $31,120
2023 $1,151 $29,630 $4,980 $24,650
2022 $1,151 $29,630 $4,980 $24,650
2021 $1,151 $29,630 $4,980 $24,650
2020 $1,151 $29,630 $4,980 $24,650
2019 $1,059 $27,200 $4,980 $22,220
2018 $1,057 $27,200 $4,980 $22,220
2017 $1,057 $27,200 $4,980 $22,220
2015 $1,083 $27,980 $4,980 $23,000
2013 $1,081 $27,980 $4,980 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Charles Ditch

    Seller's Agent in 2020

    Charles Ditch

    Keaty Real Estate Team

    (337) 501-9467

    54 Total Sales

    Charles Ditch
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tony Cobarrubia

    Keaty Real Estate Team

  • S

    Buyer's Agent in 2020

    Steven Moody

    Christe Dailey Realty

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 20006914

REALTOR® Association of Acadiana
Louisiana St Landry Parish Opelousas 70570

2242 George Dr, Opelousas, LA

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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