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GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.''
| DAYS ON MARKET | 2 | LAST UPDATED | 5/7/2025 |
|---|---|---|---|
| TRACT | Mouton L. | YEAR BUILT | 0 |
| COMMUNITY | G2 | COUNTY | Lafayette |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Woodvale |
|---|---|
| Jr. High School | L J Alleman |
| High School | Lafayette |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | G2 |
| CONSTRUCTION | Wood Siding |
| HEAT | Other |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 50 x 100 |
| PARKING | Open |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Mouton L. |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Keller Williams Realty Acadiana
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. Real Estate listings held by brokerage firms other than ReHive LLC are marked with the MLS approved icon for IDX (a little black house).
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright 2025 REALTOR® Association of Acadiana MLS. All rights reserved
This IDX solution is (c) Diverse Solutions 2025.
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