301 S Pierce Street

Lafayette, LA
  • Property Type: Other, Professional/Office
  • 1,791 sqft

$237,000

Remarks

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.


Details

Listing ID:
2500006185
Parish
Lafayette
Area
G3
Subdivision
Hopkins Addition
Financing
1031 Exchange, Cash, Conventional
Assessment
6025384
Legal Desc
LOT 1 & N 1/2 LOT 4 BLK F HOPKINS ADD (75 FT FRONT)
Parking:
Rear Parking

Interior

Cooling
Cooling Included, Cooling: Central Air
Heating
Central, Heating Included
Lot Dimensions
75X120

Exterior

Construction
Frame
Electricity
110 Volts
Price Includes
Real Estate
Lot Size Area
0.21 ac
Lot Description
Corner
Roof
Composition
Water Source
Public

Location

Directions
Take Congress towards Downtown. Turn Left on Pierce. House is on Right between Simcoe and Cameron
Parish
Lafayette
Sub Type:
Commercial
Zoning:
MN-1

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