1004-1008 Marco Jackson DR, Breaux Bridge, LA 70517
1004-1008 Marco Jackson DR, Breaux Bridge, LA 70517
1004-1008 Marco Jackson DR, Breaux Bridge, LA 70517
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Melinda Theriot

Melinda Theriot

+1(225) 402-5650
Listed byKeaty Real Estate Team • Tyler Albrecht • 337-235-7770
$349,000
Est. payment /mo
8 Baths
5,661 SqFt
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UPDATED:

Key Details

Property Type Other Types

Sub Type Multifamily 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 5,661 sqft

Price per Sqft $61

Subdivision Bridgetowne

MLS Listing ID 2600006456

Full Baths 4

Half Baths 4

HOA Y/N No

Annual Tax Amount $1,184

Acres 0.62

Lot Dimensions 96 X 280 X 96 X 280

Property Sub-Type Multifamily 5+

Source ROAM MLS

Land Area 5661

Property Description

2 fully occupied and separately-metered multifamily properties in Breaux Bridge! This property is priced $26,000 below the $375,000 appraisal. The 4-plex features four 806-square-foot units, totaling 3,224 square feet, while the triplex features three 810-square-foot units, totaling 2,437 square feet. Each unit is separately metered for electricity and water, helping reduce owner-paid utility expenses and maximize cash flow. The property is currently generating $4,750 per month every month in gross rental income, with all 7 units leased. The triplex features rents of $550, $700, and $600 per month and is equipped with window A/C units, while the 4-plex features central HVAC systems and current rents of $750, $700, $700, and $750 per month. Tenants enjoy ample off-street parking with a large gravel parking lot. Major capital improvements include both roofs being less than 5 years old, while the A/C systems, plumbing, and electrical have been updated as needed. An additional lot at the rear of the property offers future development potential, providing an opportunity to add even more value. The owner currently pays for trash service and lawn care. Lawn maintenance is approximately $125 every two weeks for regular mowing or $250 every two weeks when including weed treatment. Annual property taxes are approximately $1,184.50, and insurance is currently approximately $4,000/unit per year. Property is being sold as-is, making this an excellent opportunity for investors looking to expand their portfolio with a cash-flowing asset and future upside potential.

Location

State LA

County St. Martin

Community Bridgetowne

Area 0.62

Direction From Grand Point Highway (LA-347), turn east onto Caliste Olivier Road. Property is on the right.

Interior

Heating Wall Furnace

Cooling Central Air, Window Unit(s)

Flooring Laminate

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Lighting

Parking Features Varies by Unit

Garage Spaces 14.0

Roof Type Composition

Total Parking Spaces 14

Garage No

Building

Lot Description Level, No Outlet Street

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Breaux Bridge

Middle Schools Breaux Bridge Jr High

High Schools Breaux Bridge

Others

Senior Community No

Tax ID 07102b1315

Security Features Smoke Detector(s)

Virtual Tour https://view.paradym.com/4976017/sk/401

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ROAM MLS

Nearby Locations

Melinda Theriot
Melinda Theriot

Agent License ID: 06307

+1(225) 402-5650 | homes@melindatheriot.com

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