$49,900
New Iberia, LA 70560
MLS# 2600003355
3 beds | 1 baths
1 / 29
Property Description
Very unique investment property opportunity! This rental is currently generating $675 per month with long-term tenants who would like to stay in place, providing immediate income for the new owner. This 1,202 SF, 3-bedroom, 1-bath home also features a massive 30' x 50' metal shop on slab totaling approximately 1,500 square feet -- a rare and valuable bonus, complete with oversized doors on both the front and back for easy drive-through access. The home includes a 2-car carport and on-site laundry. The property is professionally managed by Keaty Property Management and is located at the end of a quiet dead-end street. Low-maintenance features include a durable metal roof and vinyl siding, making this an excellent investment that easily meets the 1% rule. The home includes a gas cooktop, dishwasher, and refrigerator. A washer and dryer are already in place, along with a newer hot water heater located under the carport. Interior finishes include renter-friendly paneling walls and vinyl sheet flooring. There is some floor damage in the dining area, and the price reflects this condition. The home is cooled with window AC units and also offers a chain-link fenced backyard.
Details
Status Change Information
Status Change Timestamp: 2026-04-19
Delayed Marketing: No
Address
Parish or County: Iberia
MLS Area Major: I2
Street Number: 1022
Street Name: Providence
Street Suffix: Street
State: LA
Postal Code (Zip): 70560
Directions: Take Main St towards Downtown. Take a right onto French St. Left on Canal. Left on Providence. Home will be on the left at the end.
Parcel Number: 0500849500
Contract
Current Price: $49,900
Original List Price: 57888
Status: Active
Listing Contract Date: 2026-04-19
List Price: $49,900
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Tenant
List Price/SqFt: 41.51
Interior
Bedrooms Total: 3
Bathrooms Total: 1
Bathrooms Full: 1
Living Area: 1202
Living Area Units: Square Feet
Living Area Source: Public Records
Fireplace YN: No
Parking Information
Carport YN: Yes
Carport Spaces: 2
Building
Approximate Age: Other - See Remarks
Lot
Lot Size Acres: 0.14
Lot Size Square Feet: 6098.4
Lot Size Dimensions: 50X125
Pool Private YN: No
Waterfront YN: No
Remarks
Public Remarks: Very unique investment property opportunity! This rental is currently generating $675 per month with long-term tenants who would like to stay in place, providing immediate income for the new owner. This 1,202 SF, 3-bedroom, 1-bath home also features a massive 30' x 50' metal shop on slab totaling approximately 1,500 square feet -- a rare and valuable bonus, complete with oversized doors on both the front and back for easy drive-through access.
The home includes a 2-car carport and on-site laundry. The property is professionally managed by Keaty Property Management and is located at the end of a quiet dead-end street.
Low-maintenance features include a durable metal roof and vinyl siding, making this an excellent investment that easily meets the 1% rule. The home includes a gas cooktop, dishwasher, and refrigerator. A washer and dryer are already in place, along with a newer hot water heater located under the carport.
Interior finishes include renter-friendly paneling walls and vinyl sheet flooring. There is some floor damage in the dining area, and the price reflects this condition. The home is cooled with window AC units and also offers a chain-link fenced backyard.
Land Details
Mineral Rights: Conveyed
Utility Providers
Gas Provider: Delta Utilities
Water Provider: LAwco
Originating Details
Originating System ID: M00000300
Originating System Key: 20260417224803119166
Originating System Listing ID: 2600003355
Originating System Name: RAA Flex
Listing Information
Price Change Timestamp: 2026-08-28T20:46:34Z
Property Sub Type: Single Family Residence
Tax Legal
Subdivision Name: Not a Subdivision
Property Features
Utilities: Cable Available; Cable Available
Appliances: Built-In Gas Oven; Dishwasher; Gas Cooktop; Gas Stove Connection; Refrigerator
Architectural Style: Traditional
Construction Materials: Vinyl Siding
Cooling: Window Unit(s)
Exterior Features: Lighting
Fencing: Chain Link; Full
Flooring: Tile; Vinyl; Wood
Foundation Details: Pillar/Post/Pier
Heating: Space Heater
Interior Features: Crown Molding; Laminate Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: One
Listing Terms (Financing): Cash; Conventional
Lot Features: Dead End; Level; No Outlet Street
Other Structures: Workshop
Parking Features: Attached Carport; Open
Patio And Porch Features: Covered; Open
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Window Features: Aluminum Frames
Showing Requirements: Appointment Only; See Remarks
Listing Office: Keaty Real Estate Team
Office Phone: 337-235-7770
Office Email: frontdesk@keatyrealestate.com
Last Updated: November - 03 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
337-235-7770
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
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. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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