517 Railroad Ave new Save Request In-Person Tour Request Virtual Tour
Morgan City,LA 70380
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,599 sqft
Price per Sqft $100
Subdivision Ditch Anex
MLS Listing ID 2025019268
Lot Size 0.462 Acres
Property Sub-Type Triplex
Property Description
Excellent Investment Opportunity in Morgan City! This fully occupied triplex is a prime addition to any investor's portfolio. Situated on two lots. Parcels numbers are 3194341331.00 and 3194341332.00. Shaded by a beautiful mature oak tree in the front yard, this property offers both charm and stability. The rental units generating a combined monthly income of $2,075. This property provides strong and consistent cash flow from day one. Long-term, reliable tenants are in place with solid leases, ensuring immediate and steady returns for an investor. Featuring a total of 1,599 sq ft, this property is low-maintenance and well-positioned for continued performance. Don't miss your chance to own a cash-flowing asset in a stable rental market. Schedule your private viewing today this one won't last! Triplex is being sold "AS IS" "WHERE IS" with full waiver of warranty reedition rights Act of Sale per L.ACC. art. 2520 and LAC.C art. 2541. Please have buyer check appropriate section on P.A. entitled Waiver of Warranty. All measurements are to be verified by the buyer.
Location
State LA
County St Mary
Interior
Heating Other
Cooling Central Air,Window Unit(s)
Exterior
Roof Type Metal
Building
Lot Description Corner Lot
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools St Mary Parish
Middle Schools St Mary Parish
High Schools St Mary Parish
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition As Is