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Listed byCanal & Main Realty • Gwendolyn A Barrilleaux • 985-446-6363
$250,000
Est. payment /mo
UPDATED:
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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