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$ 227,000
Est. payment /mo
Price Dropped by $10K
301 S Pierce ST Lafayette, LA 70501
1,791 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other,Professional/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,791 sqft
Price per Sqft $126
Subdivision Hopkins Addition
MLS Listing ID 2500006185
Lot Size 9,147 Sqft
Property Sub-Type Other,Professional/Office
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.
Location
State LA
County Lafayette
Zoning MN-1
Direction Take Congress towards Downtown. Turn Left on Pierce. House is on Right between Simcoe and Cameron
Interior
Heating Central
Cooling Central Air
Flooring Wood
Exterior
Exterior Feature None
Roof Type Composition
Garage false
Building
Lot Description 0 to 0.5 Acres, Corner Lot, Urban
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer

Listed by Keaty Real Estate Team
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