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INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This extensively renovated property offers investors the opportunity to acquire an income-producing asset with an existing lease in effect through August 2027.Zoned CN (Commercial Neighborhood), the property offers added long-term flexibility with potential for both residential and commercial uses, subject to applicable zoning requirements. Whether held as a rental investment or considered for future professional office, boutique, salon, studio, service-based business, or other permitted use, this property offers options beyond a traditional residential rental.The property has undergone extensive renovations, including new floor joists, subflooring and flooring, a renovated bathroom with new shower and toilet, new appliances, fresh interior paint, updated fixtures, new water heater, new AC ductwork, and a refreshed kitchen featuring new countertops, tile backsplash, and hardware. A complete renovation list is available upon request.Additional features include three separate driveway entrances, a storage shed, convenient access to Main Street shopping, dining and local activities, and a location in Flood Zone X.Tenant occupied with lease in place through August 2027. No showings prior to an accepted offer. Please do not disturb tenant. Lease information, renovation records and city zoning documents are available upon request.Seller is motivated and welcomes offers.
| DAYS ON MARKET | 37 | LAST UPDATED | 8/3/2026 |
|---|---|---|---|
| TRACT | Broussard Addition | YEAR BUILT | 1975 |
| COMMUNITY | O | COUNTY | Lafayette |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Drexel |
|---|---|
| Jr. High School | Broussard |
| High School | Comeaux |
| PRICE HISTORY | |
| Prior to Jul 28, '26 | $225,000 |
|---|---|
| Jul 28, '26 - Aug 3, '26 | $219,000 |
| Aug 3, '26 - Today | $199,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Range, Refrigerator |
| AREA | O |
| CONSTRUCTION | Brick Veneer, Frame |
| HEAT | Central |
| INTERIOR | Walk-In Closet(s) |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 0.1482 AC |
| PARKING | Carport |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Broussard Addition |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with EXP Realty, LLC
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 2026 REALTOR® Association of Acadiana MLS. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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