LA > Lafayette > West End Hgts
Lafayette, LA 70501,515 Cedar Crest CT
Lafayette, LA 70501,515 Cedar Crest CT
Lafayette, LA 70501,515 Cedar Crest CT
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Tova Stelly

Tova Stelly

+1(337) 329-4803
$275,000
Est. payment /mo
5 Beds
4 Baths
2,224 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,224 sqft

Price per Sqft $123

Subdivision West End Hgts

MLS Listing ID 25001055

Bedrooms 5

Full Baths 4

Lot Size 7,840 Sqft

Property Sub-Type Multi Family

Property Description

Introducing an incredible multi-family investment opportunity! This charming triplex offers three distinct units, each with its own private entrance, individual A/C unit, and bathroom--perfect for investors or owner-occupants looking to generate rental income. With potential rental income of approximately $4,000 per month furnished or $3,000 per month unfurnished, this property offers flexibility for both long- and medium-term rentals. This is a rare find in today's market, as it meets the coveted 1% rule--where the monthly rent is at least 1% of the purchase price--making it an exceptional investment opportunity. Nestled in a thriving neighborhood just a short walk from downtown, this property combines convenience with lasting value. Located in Flood Zone X, no flood insurance is required, keeping ownership costs down. The home beautifully blends vintage charm with modern updates, featuring natural wood floors and original windows alongside a gas HVAC system and gas stove in the main house for added efficiency. Tenants will appreciate the spacious backyard and generous off-street parking, enhancing comfort and convenience. The prime location near UL, I-10, and the popular Laura 2's Restaurant makes this triplex a smart choice for investing in a high-demand area. With all appliances included, this property is truly move-in or rental-ready. Don't miss out--contact us today for more information and make this fantastic opportunity yours!

Location

State LA

County Lafayette

Zoning RS-1

Direction From i-10. South on University. Left on Southdown Lane. Left on Cedar Crest

Interior

Interior Features Beamed Ceilingss, Master Bath, Vaulted Ceiling(s), Ceiling Fan(s), Unit 1(Dining Room, Eat-in Kitchen, Furniture, Master Bedroom), Unit 2(Eat-in Kitchen, Furniture), Unit 3(Eat-in Kitchen, Furniture)

Heating Central, Space Heater, Heat Unit(s)

Cooling Central Air, Window Unit(s), AC Unit(s)

Flooring Laminate, Wood

Fireplaces Type Unit 1 Fireplace

Appliance Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Electric Cooktop, Gas Cooktop, Plumbed For Ice Maker, Washer/Dryer Some, Unit 1 Washer/Dryer

Laundry Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup

Exterior

Exterior Feature Balcony, Lighting

Fence Chain Link, Partial, Privacy, Wood

Utilities Available Fiber Available, Fiber Ready

Roof Type Composition

Building

Lot Description Level

Story 2

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

Elementary Schools Montgomery

Middle Schools Lafayette

High Schools Lafayette

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REALTOR® Association of Acadiana IDX
Listed by Keaty Real Estate Team

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agent

Tova Stelly

+1(337) 329-4803

Agent | License ID: 995711287

Agent License ID: 995711287

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