BEDS17
BATHS10 full
SQUARE FEET6,426
MLS#2555980
STATUS(Bank Owned) - Active
PROPERTY TYPEMulti Unit - Multiple
Property Description
Bank-owned multi-family property offering strong income potential with minimal repositioning. Previously generating approximately $6,566 per month at full occupancy, this asset presents an excellent opportunity to restore stabilized cash flow through lease-up. The property consists of five units, all currently vacant and ready for immediate occupancy. Overall condition is good, with several units featuring newer appliances and recent updates, minimizing upfront capital requirements. One unit currently rented at $1266/Mo. or investors seeking a lease-up opportunity with strong upside and the ability to control tenant placement from day one. Bank-owned property. Sold as-is. Seller will make no repairs or concessions.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fenced: Yes
Heating: Window Unit
Home Style: Apartment
Lot Size: 40 x 180
Roof Type: Shingle
Stories: 2.0
Amenities
Fence
Permeable Paving
Feature Descriptions
Days on Site: 39
Exterior: Brick
Lot: City Lot, Irregular Lot
Lot Dimensions: 40 x 180
Parking: Off Street, Driveway
Property Condition: Excellent
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Brittny McKay Real Estate
Agency Phone: (504) 517-5151
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimate Your Payment
Estimated Payment
$ 1,251.06 per month $1,106.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.96 Homeowner's InsuranceChange Payment Information
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7840 Maple St.
New Orleans, LA 70118
504-866-7000
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Baton Rouge, LA 70806
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1207 St. Charles Street | MLS# 2555980
This multi-family property located at 1207 St. Charles Street, Thibodaux, LA 70301 is currently listed for sale with an asking price of $497,000. Search Thibodaux real estate on www.wurthre.com today.