More about 1123 W Main Street, New Iberia, LA 70560
Attention Investors, here is you're next investment property! This duplex is zoned for commercial and sits along the heavily traveled Main Street. Minutes from Downtown this building can be used as is for a multiple family property or can be turned into two offices. Sellers are very MODIVATED! The huge back yard can double as a parking lot if that's the route you would like to go down. Currently its being used as two separate rental units. Both consist of two bedrooms and one bath. Each has a bricked gas fireplace, cedar lined closets, high ceilings, built in phone nooks, built in ironing boards, separate laundry rooms, and central ac/heat. Each unit includes a fridge, stove, and washer/dryer set.Both units share a water meter however each unit has it's own electric meter and gas meter. Both units are currently leased out. Income potential is $625 per month per unit, water is included in rental amount. That's a total of $1250 per month. Both tenants have signed and executed leases to occupy.