101 Belgium St A-D Lafayette, LA 70506

Multi-Family (2-4 Units) MLS #: 17005896 Listed By CENTURY 21 Action Realty

$125,000

8 beds | 4 baths | 4 half baths
 
Estimated monthly payments: $636/mo.* (recalculate)
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Property Description

4 is Better Than 2! This Fourplex is already producing $2175 per month, with all units occupied! With a listing price of ONLY $125,000 .Get Your Money Back in #NoTime! Multi-Unit properties can be financed as residential properties under the same guidelines as single family homes. Many of these units fall within the Freddie Mac and Fannie Mae conforming guidelines- translating to more options, lower costs, and better interest rates! With multi-unit investment properties, your goal should be very clear ..#CashFlow! And ''why is cash flow so important, you ask? Well, first and foremost, ''cash flow properties'' can survive all market cycles- for example, in a real estate market that is peaking, you may be able to leverage equity to buy more units! More...As well as with a spiraling market, at this particular property's listing price, you can always renovate, then #FlipIt and get your investment back, PLUS MORE!!! It's Showtime! Call Me To Set Up Your Appointment! *Scenario....let's say there's a similar unit on the market right now- at, let's say....$150-$180K, with occupied tenants paying, let's say, $600'ish per month.....you do the math!!! This listing is less in cost, generating less in income per month, yes- BUT, the return on your investment will come #SuperDuper Faster than the other property.....#SimpleMath #EasyChoice!

Features

  • Style: 2 Story

School Information

101 Belgium St A-D, Lafayette, LA 70506

Elementary School
Grades K-5 | Public School
DUSON, LA 70529
2845 RIDGE RD
337-873-4669
Distance: 4.6 mi
School Rating
Parent Rating
Student:Teacher Ratio
14:1
Total Students
600
Elementary School
Grades K-5 | Public School
LAFAYETTE, LA 70507
400 RUE SCHOLASTIQUE
337-896-3263
Distance: 5.6 mi
School Rating
Parent Rating
Student:Teacher Ratio
16:1
Total Students
750
Middle School
Grades 6-8 | Public School
DUSON, LA 70529
2645 S FIELDSPAN RD
337-984-1250
Distance: 3.6 mi
School Rating
Parent Rating
Student:Teacher Ratio
14:1
Total Students
580
High School
Grades 9-12 | Public School
LAFAYETTE, LA 70506
315 RUE DE BELIER
337-984-2646
Distance: 0.7 mi
School Rating
Parent Rating
Student:Teacher Ratio
19:1
Total Students
1726
Other Nearby Schools Distance Type Grades School Rating Parent Rating
Family Life Christian Academy 0.4 mi Private PRESCHOOL-8
Scott Middle School 1.6 mi Public 5-8
Prairie Elementary School 1.8 mi Public PRESCHOOL-5
Sts Peter & Paul Catholic Elementary School 1.9 mi Catholic PRESCHOOL-8
L. Leo Judice Elementary School 2.0 mi Public K-5
Westside Elementary School 2.1 mi Public K-4
S.j. Montgomery Elementary School 2.5 mi Public PRESCHOOL-5
Lafayette High School 2.7 mi Public 9-12
Early College Academy 3.0 mi Public 9-12
Edgar Martin Middle School 3.0 mi Public 5-8
David Thibodaux Stem Magnet Academy 3.3 mi Public 6-11
Broadmoor Elementary School 3.3 mi Public PRESCHOOL-4
Woodvale Elementary School 3.5 mi Public PRESCHOOL-4
L.j. Alleman Middle School 3.6 mi Public 5-8
Ridge Elementary School 3.9 mi Public PRESCHOOL-5
J. Wallace James Elementary School 4.3 mi Public PRESCHOOL-5
Our Lady Of Fatima School 4.3 mi Catholic PRESCHOOL-8
Lafayette Lutheran School 4.3 mi Private PRESCHOOL-6
Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lafayette, LA 70506

Median Age: 32.5
Married: 30.6%
Number of Households: 18,270
Households with Children: 4,383
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home