About This Home
This 8-bedroom, 0-bathroom residential multi family at 1008 Marco Jackson Drive in Breaux Bridge, LA is listed for $225,000 ($70 per sqft). the home offers 3,224 sqft of living space on a 0.62 acres lot.
Key Features
- 0.62 acre lot
- 2 stories
- 8 parking spaces
Property Details
Amenities
Excellent investment opportunity to own a 4-unit multifamily property priced to sell! The property features four 806-square-foot units totaling 3,224 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 $2,150 per month in gross rental income, with three units leased at $700, $700, and $750 per month, while the fourth vacant unit is expected to rent for approximately $700 per month, bringing projected gross rental income to approximately $2,850 per month once fully occupied.
The property is equipped with central HVAC systems, and tenants enjoy ample off-street parking with a large gravel parking lot. Major capital improvements include a roof that is less than 5 years old, along with HVAC, plumbing, and electrical updates completed as needed.
The owner currently pays for trash service and lawn care, with lawn maintenance averaging approximately $125 every two weeks for regular mowing or $250 every two weeks when including weed treatment. Annual property taxes are approximately $592, and insurance is currently approximately $2,000 per year.
Property is being sold as-is, making this an excellent opportunity for investors looking to add a cash-flowing asset with value-add potential to their portfolio. No showings without an accepted offer. The listing address may not register on GPS. Use 1040 Caliste Olivier Road, Breaux Bridge, LA 70517.
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1008 Marco Jackson Drive
Breaux Bridge, LA 70517
Bridgetowne
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1008 Marco Jackson Drive is listed at $225,000 ($70/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.62 acre lot, 2 stories, 8 parking spaces. Interior Features: Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection. Exterior Features: Lighting, Outside Light.
This property is listed by Tyler Albrecht and can be reached at 3377809698.