1004-1008 Marco Jackson Drive, Breaux Bridge, Louisiana, 70517
$349,000
3,224 Sqft
0.62 Acres
8 bd
8 ba
#2600006456
2 fully occupied and separately-metered multifamily properties in Breaux Bridge! This property is priced $26,000 below the $375,000 appraisal. The 4-plex features four 806-square-foot units, totaling 3,224 square feet, while the triplex features three 810-square-foot units, totaling 2,437 square feet. Each unit is separately metered for electricity and water, helping reduce owner-paid utility expenses and maximize cash flow. The property is currently generating $4,750 per month every month in gross rental income, with all 7 units leased. The triplex features rents of $550, $700, and $600 per month and is equipped with window A/C units, while the 4-plex features central HVAC systems and current rents of $750, $700, $700, and $750 per month. Tenants enjoy ample off-street parking with a large gravel parking lot. Major capital improvements include both roofs being less than 5 years old, while the A/C systems, plumbing, and electrical have been updated as needed. An additional lot at the rear of the property offers future development potential, providing an opportunity to add even more value. The owner currently pays for trash service and lawn care. Lawn maintenance is approximately $125 every two weeks for regular mowing or $250 every two weeks when including weed treatment. Annual property taxes are approximately $1,184.50, and insurance is currently approximately $4,000/unit per year. Property is being sold as-is, making this an excellent opportunity for investors looking to expand their portfolio with a cash-flowing asset and future upside potential.
PROPERTY FEATURES
- Water Source : Public
- Sewer : Septic Tank
- Parking Features: Varies by Unit
- Parking Total: 14
- Fencing : Chain Link, Partial, Wood
- Exterior Features : Lighting
- Cooling on Property:
- Cooling: Central Air, Window Unit(s), Multi Units
- Heating on Property:
- Heating : Central, Wall Furnace
- Construction Materials: Brick, Frame, Vinyl Siding
- Roof: Composition
- Appliances : Electric Range, Refrigerator
- Flooring : Laminate
- Laundry Features : Electric Dryer Hookup, Washer Hookup
PROPERTY DETAILS
ID: 2600006456
Status: Pending Sale
Price: $349,000
Acres: 0.62 Acres
Price Per Acre: $562,903
Type: Multi-family
Address: 1004-1008 Marco Jackson Drive
City, State: Breaux Bridge, Louisiana
County: St. Martin
Zip Code: 70517
These properties have been added to favorites!
These properties have been removed from favorites!




