About 616 W St Louis Street
This TRIPLEX is located in the highly desirable Saint Street area of Lafayette, this FULLY OCCUPIED triplex presents a rare and lucrative investment opportunity. Just minutes from UL Lafayette, downtown, and local amenities, this property offers a strong rental history and consistent income in a high-demand area. Gross monthly income is $2600 per month. (Unit A = $1100, Unit B=$950, Unit C= $600.)The main structure includes two spacious units:Unit A (Downstairs): 1,268 sq. ft. 2 bed 1 bath with central HVAC (interior unit replaced about 1 yr ago), private laundry room, and an attached 433 sq. ft. carport/garage for covered parking.Unit B (Upstairs): 927 sq. ft. 2 bed 1 bath with AC/heat window units, and shared access to a laundry room and utilities with Unit C.A separate Unit C studio (439 sq. ft. 2 bed 1 bath) is located in the landscaped backyard, also equipped with AC/heat window units and sharing laundry and utility services with Unit B.Each unit has a private entrance, offering optimal privacy for tenants. The rear yard is fully fenced, shaded, and beautifully landscaped--perfect for outdoor relaxation and tenant appeal.Additional Highlights:Total Dwelling Sq. Ft.: 2,634Total Including Carport/Garage: 3,067 sq. ft.Bedrooms: 6 | Bathrooms: 4Tenants are responsible for their own utilities, with select shared water/wastewater usage between Units B & CExcellent potential for increased rental income or long-term value growthWhether you're a seasoned investor or just beginning to build your portfolio, this income-generating triplex offers location, layout, and long-term value. Don't miss your chance--schedule a private tour today!
Features of 616 W St Louis Street
| MLS® # | 2500004404 |
|---|---|
| Price | $230,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,807 |
| Acres | 0.22 |
| Type | Multi-Family |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 616 W St Louis Street |
|---|---|
| Area | G3 |
| Subdivision | Oaklawn Add |
| City | Lafayette |
| County | Lafayette |
| State | LA |
| Zip Code | 70506 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Carport, Garage, Varies by Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Other |
|---|---|
| Heating | Central,Wall Furnace, Heat Unit(s) |
| Cooling | Central Air,Window Unit(s), AC Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Frame, Asbestos, Wood Siding |
| Foundation | Pillar/Post/Pier |
School Information
| Elementary | Myrtle Place |
|---|---|
| Middle | Lafayette |
| High | Lafayette |
Additional Information
| RE / Bank Owned | No |
|---|---|
| Listing Provided By | Real Broker, LLC |