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Sold on 03/17/2025
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508 E Main St, Broussard, LA 70518

  • $1,222,500

    Last sold 03/17/2025 after 258 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 508 E Main St

Property type Multi-family
Neighborhood
HOA fee $0/month
Rental estimate
Property description
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 $133,920. 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!
Listed by
Listing Agent - Will Taylor
Listing Office - The Gleason Group
Source: REALTOR® Association of Acadiana mls logo
MLS#24006224 • last updated 1 year ago
Movoto checked REALTOR® Association of Acadiana for data 37 minutes ago
Overview
Cooling/AC Central Air, AC Unit(s)
Heating Central, Heat Unit(s)
Levels/Style 1
SubType Multi Family
Status Sold
MLS # 24006224
Property Condition New Construction
Interior
Laundry Electric Dryer Hookup
Interior Features High Ceilings, Master Bath, Ceiling Fan(s)
Appliances Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Cooktop, Washer/Dryer
Exterior
Construction Frame, HardiPlank Type
Roof Composition
Foundation Slab
Parking Assigned
# of Parking Spaces 16
Exterior Features Lighting
Lot Features Landscaped
Amenities / Utilities
Water Source Public
Security Features Smoke Detector(s)
Location
Subdivision None
Area O
Elementary School Drexel
High School Comeaux
Middle School Broussard
APN 6176284
Directions From Pinhook, Continue Onto Main Street In Broussard. The Property Will Be On The Right Side.
Multifamily Details
Total # of Units 8
Rental est.: $1,418/month
Gross rent multiplier: 71.8
  • Feb 2025
    mls logo MLS # 24006224
  • Feb 13, 2025 Pending
    —
  • Jan 17, 2025 Price Change
    $1,286,250 (-7.9%)
  • Jul 1, 2024 Listed
    $1,396,000
  • 508 E Main St
    $1.22M
  • O
    —
  • 70518
    $300K -7% y/y
  • Broussard
    $300K -8% y/y
No chart available
Statistics calculated by Movoto

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4/10
Katharine Drexel Elementary School
public Grades PK, K-5
Lafayette Parish School District
7/10
Broussard Middle School
public Grades 6-8
Lafayette Parish School District
6/10
O. Comeaux High School
public Grades 9-12
Lafayette Parish School District
Source: GreatSchools.org © 2026. All rights reserved.

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