4 months on rocket

508 E Main St, Broussard, LA, 70518

$1,396,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,200 SqFt
$194/SqFt
Multi

Location

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508 E Main St, Broussard$1,396,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAssigned
HeatingCentral
CoolingCentral Air
MLS #24006224
StatusActive

About 508 E Main St

Introducing The Villas at Main, a newly built townhouse development from 2023, featuring 8 modern units, each with 2 bedrooms and 2 full bathrooms. All units are currently occupied, guaranteeing a 100% occupancy rate and generating an impressive annual income of $135,120. Tenants are responsible for their own utilities, helping maximize your return on investment. Each unit includes new stainless kitchen appliances, new in-unit washers and dryers, and two assigned parking spots per unit (16 total parking spaces). Situated in a prime location on the redeveloped Main Street in Broussard, these townhouses are highly attractive to tenants. Invest in The Villas at Main to secure a high-quality, income-generating property with excellent tenants. Call today for more information!

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 7,200 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 Stove Connection, 9+ Ft Ceiling, Master Bath

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Landscaped

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Pinhook, continue onto Main Street in Broussard. The property will be on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,396,000
  • Price Per SqFt: $194/SqFt
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Housing Market Comparison

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

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Broussard, LA

City

Med. Sold Price

$299.5K

Med. Price/SqFt

$164

Avg. Days On Market

57

# of Sold Homes

25

508 E Main St vs Broussard

139 DAYS ON ROCKET

+82 Days

$1,396,000

+$1.0M More

$194/SqFt

+$30 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $30/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: #24006224

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,252

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NMLS#3030

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-668142
7
/10

  • Katharine Drexel Elementary School

  • 409 Saint Deporres St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-668143
10
/10

  • Ernest Gallet Elementary School

  • 2901 E Milton Ave

  • 4.07 miles

  • Public District Grades PK-5

school-card-donut-668144
10
/10

  • Green T. Lindon Elementary School

  • 603 Avenue B

  • 4.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,687. The majority of Broussard, LA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Lafayette County›Broussard›70518›508 E Main St

This home is located at 508 E Main St in Broussard, LA and zip code 70518. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $1,396,000.

While more than 2 listings in Broussard, LA in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 10 were sold below. In October 2024 in Broussard, LA there were 1.4% less homes for sale than in September 2024. While the average time on the market in October 2024 was 57 days, the median list price was $299,509.

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

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