$237,000

301 S Pierce Street, Lafayette, LA 70501

  • 1,791 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $132/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Seize a premier investment or House Hacking opportunity with this newly renovated, centrally located duplex offering unparalleled versatility. The property's desirable Mixed-Use zoning is a massive value add, allowing for highly profitable Short-Term Rentals (STRs) while its proximity to Downtown Lafayette ensures sustained tenant demand. The building is efficiently split into two renovated units: a spacious Unit One (3 Bed/1 Bath, 1,251 sqft) and a cash-flowing Unit Two (1 Bed/1 Bath, 544 sqft). Both residences feature modern finishes and crucial capital improvements, including a roof that is approximately two years old. This is a turnkey asset built for durability and minimal maintenance. Operationally efficient, the property is individually metered for electricity, with designated parking spaces for each unit. Situated high and dry in Flood Zone X, it offers lower insurance exposure. Its strategic position provides quick access to Downtown Lafayette, River Ranch, premier shopping, dining, and major thoroughfares. With a sought-after four-bedroom layout, recent renovations, and the potential for house hacking or lucrative STR income, this is an excellent strategic addition for any forward thinking investor. Schedule your private tour today to unlock this versatile asset's full potential.MN-1 provides an opportunity to establish neighborhood retail, convenience, service, office, and institutional uses in the Residential and Mixed Residential categories.

Listing Status:
Active
Listing Office:
Keaty Real Estate Team : 337-235-7770
Listing Agent:
Charles Ditch : 337-501-9467
MLS ID:
2500006185
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Central
  • General: None
  • Parking: Rear Parking
  • Roofing: Composition
  • General: Frame1Concrete Perimeter
  • Road/Access: Public Street
  • Originating MLS: RAA
  • County: Lafayette
  • Zoning: MN-1LOT 1 & N 1/2 LOT 4 BLK F HOPKINS ADD (75 FT FRONT)6025384
  • Current Use: Rental Property
  • Utilities: 110 Volts
  • Sewer: Public Sewer
  • Source: RAA

This listing courtesy of Charles Ditch, Keaty Real Estate Team

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr. Raphael A. Baranco Elementary School

801 Mudd Ave, Lafayette, LA, 70501

Grades KG-5

0.65 miles away

L

Lafayette Middle School

1301 W University Ave, Lafayette, LA, 70506

Grades 6-8

0.75 miles away

N

N. P. Moss Preparatory Academy

516 W Pinhook Rd, Lafayette, LA, 70503

Grades KG-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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