1 year on rocket

108-124 S Jefferson St, Broussard, LA, 70518

$1,296,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,725 SqFt
$274/SqFt
Multi

Location

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108-124 S Jefferson St, Broussard$1,296,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Parking Lot
HeatingCentral
CoolingCentral Air
MLS #23010016
StatusActive

About 108-124 S Jefferson St

Welcome to the Villas at Jefferson! We are delighted to present our brand-new townhouse community For Sale. This 100% OCCUPIED investment property was built in 2023 and is comprised of 9 immaculate units, all listed for sale as a package deal for a total of $1,296,000. This property represents a prime investment option, as it offers a turnkey operation with a full roster of tenants already in place. The annual gross rental income totals $111,000. Each unit features a thoughtfully designed one-bedroom, one-bathroom layout, with all brand-new systems (hvac, plumbing, electrical, roof, appliances, finishes, etc). Each unit has 2 assigned parking spaces (18 total spaces). Tenants pay all utilities (electricity, water, sewer, trash, and cable/internet). Owner pays for lawn care ($3,700 annually), insurance ($13,523.56 annually), and property taxes (amount tbd). Flood zone X, no flood insurance required. If you are seeking a brand new low-maintenance townhouse development investment with exquisite finishes, The Villas at Jefferson are the perfect choice. Don't miss out on this opportunity, call for more info today! Tenants pay all utilities (electricity, water, sewer, trash, and cable/internet). Owner pays for lawn care ($3,700 annually), insurance ($13,523.56 annually), and property taxes (amount tbd). Flood zone X, no flood insurance required. If you are seeking a brand new low-maintenance townhouse development investment with exquisite finishes, The Villas at Jefferson are the perfect choice. Don't miss out on this opportunity, call for more info today!

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 4,725 SqFt

Listing Office:

  • Office Name: The Gleason Group
  • Office Phone: (337) 262-7873
  • Listing Agent: Will Taylor

Interior Features

Interior Information:

  • Appliances: Electric Range, Washer, Microwave, Refrigerator, Dryer, Disposal, Dishwasher
  • Interior: Electric Dryer Connection, Electric Washer Connection, Electric Stove Connection, 9+ Ft Ceiling, Master Bath

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Landscaped

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Pinhook, continue onto Main Street. Turn right onto S Jefferson Street and townhouses will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,296,000
  • Price Per SqFt: $274/SqFt
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Housing Market Comparison

See how this home compares to others in Broussard, LA.

Med. Sold Price

$299.5K

Med. Price/SqFt

$164

Avg. Days On Market

57

# of Sold Homes

25

108-124 S Jefferson St vs Broussard

375 DAYS ON ROCKET

+318 Days

$1,296,000

+$996.4K More

$274/SqFt

+$110 More

KEY TAKEAWAY

This property is $996.4K more than the Median Sold Price and $110/SqFt more than other homes in Broussard, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #23010016

Listing Office:

  • Office Name: The Gleason Group
  • Office Phone: (337) 262-7873
  • Listing Agent: Will Taylor

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2024 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-664980
7
/10
  • Katharine Drexel Elementary School

  • 409 Saint Deporres St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-664981
10
/10
  • Ernest Gallet Elementary School

  • 2901 E Milton Ave

  • 3.59 miles

  • Public District Grades PK-5

school-card-donut-664982
10
/10
  • Green T. Lindon Elementary School

  • 603 Avenue B

  • 3.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,303. The most common annual income of people living in Broussard, LA is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaLafayette CountyBroussard70518108-124 S Jefferson St

This home is located at 108-124 S Jefferson St in Broussard, LA and zip code 70518. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $1,296,000.

Over 2 listings were sold over their listed price in October 2024 in Broussard, LA. In the same period over 10 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Broussard, LA decreased by 1.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $299,509, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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