406 Voorhies St Lafayette, LA 70501

Listing Agency Elifin Realty Lafayette

Listed by Mark Johns · License #995715972

Source Crexi

Added: Oct 23, 2024 Updated: Jul 6 at 7:56 am Checked: Jul 20 at 5:19 am

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Investment Insights

Based on property information with market context.

Located in downtown Lafayette, near the UL campus, the property at 406 and 408 Voorhies St is a 6-unit multifamily building. The property offers immediate rental income, as all six units are currently occupied, with potential to increase rental rates. The roof was replaced in 2023, and three of the six units were remodeled in the same year. The property is near Steven’s Fine Food & Seafood Market, Coffeeweed Cottage, Brown Skillet Downtown, the Lafayette Public Library, the Lafayette Science Museum, and the Children’s Museum of Acadiana. The property size is 5300 square feet.

Key Highlights

• Immediate rental income from 6 occupied units.
• Roof replaced in 2023.
• Three of six units remodeled in 2023.

Property Analytics

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FAQs

What type of property is this?

Apartment building - Six-unit multifamily property in downtown Lafayette with immediate rental income.

Where is this apartment building located?

The property is located at 406 Voorhies St Lafayette, LA.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: Immediate rental income from 6 occupied units.; Roof replaced in 2023.; Three of six units remodeled in 2023.