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    705 & 709 E Hwy 90

    New Iberia, LA 70563
    • $475,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 20007757
    UPDATED: 40 min ago
    $475,000
    • 0
      BEDS
    • 2.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,190
      SQFT
    • $77
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:
    I2

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Complete Rental Investment package Deal for sale in New Iberia, LA. This property is a mix of Duplexes, Mobile Homes & Mobile Home Rental spaces (9 Spaces). Seller is renting (2) Mobile home spaces ($150 & $175), and there are (4) spaces still Available for rent. The three mobile homes which are owned by Seller are 100% occupied and the 2 Duplexes are 100% tenant occupied. This Investment is so ''Turnkey'' that it's currently Grossing $4,700.00 per month ($56,400 Annually), with the potential to gross $7,100.00 per month and $85,200 Annually having the (4) unoccupied mobile homes spaces rented for $600 Each, an extra $2400 per month.Seller does not pay utilities, Each unit is Metered, and upgrades over the years to all residential Structures include replacing each structure's composite shingle roof with a metal roof, and having replaced 6 of the 7 HVAC units within the past 5 years. The seller also has paid over $20,000 in improvements to the onsite waste water system for the property, and any future repair to the drainage system will be provided by the city of New Iberia at no cost to the property owner (City Declaration Attached). PLEASE DO NOT DISTURB TENANTS. Property did not flood during 2016, has not flooded during the recent Hurricane Laura nor has it ever flooded since the property owner took possession over 14 years ago. No showings will be allowed until a contract is negotiated.

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    Licensed by the State of Louisiana, USA.
    Each Office Independently Owned & Operated.
    Robbie Breaux & Team | EXP Realty || (337) 267-4099 || Lafayette, LA

    The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2020-09-29T11:11:03.813.
    www.searchhomesinlafayette.com/homes/109532527
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    705 & 709 E Hwy 90 New Iberia, LA 70563

    • Price: $475,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 20007757
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.28
    Acres
    6,190
    SQFT
    $77
    $/SQFT
    Neighborhood:
    None
    County:
    Iberia
    Area:
    I2
    Elementary School:
    Center Street
    Middle School:
    Anderson
    High School:
    New Iberia
    Property Description
    Complete Rental Investment package Deal for sale in New Iberia, LA. This property is a mix of Duplexes, Mobile Homes & Mobile Home Rental spaces (9 Spaces). Seller is renting (2) Mobile home spaces ($150 & $175), and there are (4) spaces still Available for rent. The three mobile homes which are owned by Seller are 100% occupied and the 2 Duplexes are 100% tenant occupied. This Investment is so ''Turnkey'' that it's currently Grossing $4,700.00 per month ($56,400 Annually), with the potential to gross $7,100.00 per month and $85,200 Annually having the (4) unoccupied mobile homes spaces rented for $600 Each, an extra $2400 per month.Seller does not pay utilities, Each unit is Metered, and upgrades over the years to all residential Structures include replacing each structure's composite shingle roof with a metal roof, and having replaced 6 of the 7 HVAC units within the past 5 years. The seller also has paid over $20,000 in improvements to the onsite waste water system for the property, and any future repair to the drainage system will be provided by the city of New Iberia at no cost to the property owner (City Declaration Attached). PLEASE DO NOT DISTURB TENANTS. Property did not flood during 2016, has not flooded during the recent Hurricane Laura nor has it ever flooded since the property owner took possession over 14 years ago. No showings will be allowed until a contract is negotiated.
    Exterior Features

    Construction Frame Exterior Features Outside LightPorchStorm DoorsStorm Windows Fence None Lot Dimensions See Legal Parking Assigned/Reserved Roof Metal Siding Vinyl Siding Total Parking Spaces 14.00

    Interior Features

    Ac Units 7.00 Appliances Range/Oven - ElectricRefrigerator Cooling Central Air Elevators 0 Flooring Vinyl SheetVinyl Tile Foundation Piers Heat Units 7.00 Heating Central HeatElectric Interior Features All Window TreatmentElectric Dryer ConnectionElectric Stove ConnectionElectric Washer ConnectionMaster BathWalk-In Closet

    Property Features

    Approx Age 21 - 30 Years Equipment Cable AvailableCable ReadyCeiling FansIndividual MeterSmoke Detector Financing CashConventionalPrivate Banking Hoa Fee1 None Individual Metered Yes Lot Description Cul-De-SacLevelNo Outlet Street Lot Number N/A Mineral Rights Reserved Multifamily Type Mobile Home Park REO No Sq Ft Source Owner Tenant Pays Broadband/Internet AccessCable/Sat TvElectricTrashWater Unit Four Features Dining RoomMaster BedroomPorch/Patio/DeckWalk-In ClosetWasher/Dryer Hookup Unit One Features Eat-In KitchenMaster BedroomPorch/Patio/DeckWalk-In ClosetWasher/Dryer Hookup Unit Three Features Dining RoomMaster BedroomPorch/Patio/DeckWalk-In ClosetWasher/Dryer Hookup Unit Two Features Eat-In KitchenMaster BedroomPorch/Patio/DeckWalk-In ClosetWasher/Dryer Hookup Water Sewer Public SewerPublic Water Zone Residential

    Courtesy of Latter & Blum. Listing information © 2020 REALTOR® Association of Acadiana MLS. All rights reserved.
    Licensed by the State of Louisiana, USA.
    Each Office Independently Owned & Operated.
    Robbie Breaux & Team | EXP Realty || (337) 267-4099 || Lafayette, LA

    The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2020-09-29T11:11:03.813.
     
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    Robbie Breaux & Team | EXP Realty
    3 Flagg Place, Unit B4
    Lafayette LA, 70508