For Sale
$420,000

406 Voorhies StLafayette, LA 70501

Prime location, strong rental income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6-unit apartment building, located at 406 Voorhies St in Lafayette, Louisiana, presents a compelling investment opportunity. Boasting 5,300 square feet and situated in the heart of downtown, this property benefits from its proximity to the University of Louisiana at Lafayette campus and a vibrant array of amenities including Steven's Fine Food & Seafood Market, Coffeeweed Cottage, and Brown Skillet Downtown. The property is zoned MN-1 Mixed Use Neighborhood 1. Currently, three of the six units are occupied, generating immediate rental income with significant potential for increased rental rates. Furthermore, the property has undergone recent improvements: three units were remodeled, and the roof was completely replaced in 2023, ensuring a well-maintained and attractive investment. The property's convenient location near the Lafayette Public Library, the Lafayette Science Museum, and the Children's Museum of Acadiana adds to its appeal. The asking price for this turnkey multifamily investment is $420,000, with the Assessor's Parcel Number (APN) being 6063904. This property offers a blend of immediate return and long-term growth potential in a thriving downtown Lafayette location.

Highlights

  • 3/6 units currently occupied, offering immediate rental income and upside potential for increased rates.
  • 3/6 units remodeled in 2023, along with a new roof; property is well-maintained.
  • Prime downtown Lafayette location near the Lafayette Public Library, Lafayette Science Museum, and Children's Museum of Acadiana.

Property Details for 406 Voorhies St

Property type
Apartment buildings
Square Feet
5,300 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.22820445
Longitude
-92.02020812
406 Voorhies St, Lafayette, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
406 Voorhies St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message