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About This Home
This 8-bedroom, 0-bathroom residential multi family at 321 S Academy Street in Opelousas, LA is listed for $277,900 ($56 per sqft). the home offers 5,000 sqft of living space on a 0.44 acres lot.
Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility.
Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors.
The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area!
This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!
Key Features
- 0.44 acre lot
- 11 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,486/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
321 S Academy Street
Opelousas, LA 70570
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 321 S Academy Street is listed at $277,900 ($56/sqft). The estimated monthly payment is $1,204 based on 20% down at 6.5% interest.
Key features include: 0.44 acre lot, 11 parking spaces. Interior Features: Electric Stove Connection.
This property is listed by Toni L Effingger and can be reached at 3377935738 or teffingger@remax.net.











