For Sale
$430,000

61609 Us-51Amite City, LA 70422

Two income properties on 28 acres.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity encompasses a substantial 28.53-acre parcel in Amite City, Louisiana, boasting significant road frontage (over 260 feet) along Highway 51. The property features two mixed-use buildings, currently operating at 100% occupancy, providing immediate cash flow. Each building offers 2 units, totaling 2,000 square feet, with a price per square foot of $215. Constructed in 2000, these properties underwent a comprehensive renovation in 2020, ensuring modern amenities and long-term value. The asking price for this lucrative investment is $430,000. The strategic location on a major highway offers excellent visibility and accessibility, making it ideal for a variety of uses. The substantial lot size presents significant potential for future development or expansion. This turnkey investment is perfect for those seeking immediate returns and long-term growth in a thriving Louisiana market. The property is located at 61609 US-51, Amite City, LA 70422, within Tangipahoa Parish. This is a rare opportunity to acquire a well-maintained, income-generating property with considerable upside potential.

Highlights

  • $430,000 asking price for a mixed-use multi-family property.
  • 2,000 square feet with a price per square foot of $215.
  • 100% occupancy with two units.
  • Built in 2000 and renovated in 2020.
  • 28.53-acre lot with over 260 feet of highway frontage on US-51 in Amite City, Louisiana.

Property Details for 61609 Us-51

Property type
Mixed-use properties, High-rise multifamily apartments
Square Feet
2,000 SF
Year Built/Renovated
2000/2020
Lot Size (sq. ft)
1,242,767 SF
Units
2

Location Insight

City
Amite City
County
Tangipahoa Parish
State
Louisiana
Latitude
30.7537722
Longitude
-90.5133753
61609 Us-51, Amite City, Louisiana

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61609 Us-51
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