Current Use by Public Records
- Apartment buildings
Property Details for 2719 Cameron St
- Property type
- Apartment buildings
Description
This exceptional multifamily investment property, located at 2719 Cameron St, Lafayette, LA 70506, presents a compelling opportunity for owner-users or investors. The property consists of two buildings totaling 3,000 square feet, situated on a single lot. One building features five one-bedroom apartments, with one unit recently updated. The second building, renovated last year, offers a spacious four-bedroom, two-bathroom unit with a den and dining room. Currently boasting 100% occupancy since November 1st, 2023, the property generates a substantial monthly income of $5,275. Ten parking spaces are available for residents. Individual electric meters ensure efficient utility management for each unit. The owner covers sewer, water, and trash services. The roof on the five-unit building was replaced in 2020. The property is offered at $499,000, representing a price per unit of $89,166.67. This is a cash-flowing investment with significant potential for future growth. The property's APN is 6067779. This is a ground lease-free property.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0477
- Latitude
- 30.2321
