516 ST CHARLES ST, Thibodaux, LA 70301
516 ST CHARLES ST, Thibodaux, LA 70301
516 ST CHARLES ST, Thibodaux, LA 70301
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Listed byCanal & Main Realty • Gwendolyn A Barrilleaux • 985-446-6363
$250,000
Est. payment /mo
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Key Details

Property Type Other Types

Sub Type Multifamily 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2026011620

HOA Y/N No

Year Built 1938

Acres 0.28

Lot Dimensions 96 x 125

Property Sub-Type Multifamily 5+

Source ROAM MLS

Property Description

Could be 3 cute VRBO! 3 Homes! Includes 516, 516 A & 518 St Charles St, Thibodaux, La - 3 Houses! Excellent Multifamily Investment Opportunity Near Nicholls State University. Located approx. 1 miles from the university, this income-producing property offers an outstanding opportunity for investors, parents of college students or anyone seeking rental income in one of the most desirable locations ( 1 block off of Menard Street and 2 Blocks from downtown Thibodaux. The property has historically been occupied by long term tenants who have chosen to secure alternative housing due to property being for sale, creating a rare opportunity for a new owner to establish current market rents. Additionally Nicholls State University faculty particularly new hires from out of state seek out rental housing close to campus. Fair market value for rentals would be a total of approximately 3,000 per month - Brick home is 1250 sq ft. second home is 553 sq ft and third home is 678 sq ft

Location

State LA

County Lafourche

Community Other

Area 0.28

Interior

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Tile, Vinyl

Fireplace No

Exterior

Garage Spaces 6.0

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Foundation Pillar/Post/Pier

Water Other, Public

New Construction No

Others

Tax ID 0020481900

Security Features Smoke Detector(s)


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ROAM MLS

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