$141,000
$150,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
517 Railroad Ave Morgan City, LA 70380
20,037.6 Acres Lot
Key Details
Sold Price $141,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ditch Anex
MLS Listing ID BY2025019268
Sold Date 11/21/25
Lot Size 20037.599 Acres
Acres 0.46
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
Interior
Heating Other
Cooling Central Air, Window Unit(s), AC Unit(s)
Appliance Dryer, Microwave, Refrigerator
Exterior
Roof Type Metal
Building
Foundation Pillar/Post/Pier
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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