807/809 Vermilion, 70510, Abbeville, LA
807/809 Vermilion, 70510, Abbeville, LA
$141,500
Turnkey income-producing duplex featuring two remodeled 2BR/1BA units. Renovated approximately three years ago, both units offer updated interiors and include a stove and refrigerator. Unit 809 received a new AC system in 2023, and the property features a durable metal roof, offering long-term, low-maintenance ownership. Fully leased investment opportunity. Both units are currently tenant-occupied at $750 per month each, generating $1, 500 in gross monthly income ($18, 000 annually) with immediate cash flow in place. Located in a high-demand rental area and situated in Flood Zone X, this property presents a strong opportunity for investors seeking a stabilized asset with reliable income. Ideal for buy-and-hold investors looking to expand their rental portfolio. Do not disturb tenants. Showings by appointment only.
807/809 Vermilion, 70510, Abbeville, LA