406 & 408 Fontelieu Drive, New Iberia, LA 70560

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
406 & 408 Fontelieu Drive,New Iberia, LA 70560
$140,000
  • 6 Beds
  • 4 Baths
  • 3,062 sq. ft.
  • Multi-family
  • Active
Listed by: claire disch
Office: dwight andrus real estate agency, llc.
MLS#:2020022614
Source:LA_RAAMLS

Price summary

  • Price:$140,000
  • Price per sq. ft.:$72.65

About this home

Investor special! This unique income-producing property offers four rental units generating a total of $1,950 per month, providing steady cash flow from day one with its 100% occupancy. Situated on a spacious 195' wide x 134' deep lot, this property is full of potential for the right buyer.First property in the package is a 3 bedroom 1 bath brick on slab home with long-standing tenant. Next is a triplex with 2 downstairs studios and one upstairs unit. Shared laundry is used for all 4 tenants, though the house does have hook ups. This could be an ideal owner occupant/landlord opportunity too. Many years ago- the property was used as a mechanic shop. So the property includes large covered bays that open the door to a variety of possibilities--convert to a car wash, auto detailing service, workshop, or storage facility. With plenty of land to work with, there's room to expand or redevelop in the future. This property is perfect for an investor or entrepreneur with vision. Whether you

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Home facts

  • Listing ID #:2020022614
  • Added:266 day(s) ago
  • Updated:December 31, 2025 at 05:11 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,062 sq. ft.

Heating and cooling

  • Cooling:AC Unit(s), Ceiling Fan(s), Window Unit(s)
  • Heating:Heat Unit(s), Wall Furnace

Structure and exterior

  • Roof:Metal
  • Building area:3,062 sq. ft.
  • Lot area:0.6 Acres

Schools

  • High school:New Iberia
  • Middle school:Iberia
  • Elementary school:Magnolia

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$72.65

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