406 Voorhies StLafayette, LA 70501

Property Details for 406 Voorhies St

Property size (Sq ft)

5,300 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Lafayette

County

Lafayette Parish

State

Louisiana

Latitude

30.2282

Longitude

-92.0202

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