BACK ON MARKET! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
Let's Turn Some Keys, Baby...Your well established income producing convenience store is situated on an over sized corner lot facing a busy highway. High traffic, great street visibility, parking, and income. Did I say income producing???? Owner Financing/Bond For Deed.
The median home value in Violet, LA is $165,787. This is lower than the county median home value of $190,900. The national median home value is $338,100. The average price of homes sold in Violet, LA is $165,787. Approximately 68.33% of Violet homes are owned, compared to 19.38% rented, while 12.29% are vacant. Violet real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Violet real estate agent to arrange a tour today!
Violet, Louisiana has a population of 5,319. Violet is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Violet, Louisiana is $54,250. The median household income for the surrounding county is $52,538 compared to the national median of $69,021. The median age of people living in Violet is 35.8 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 43.5 degrees. The average rainfall is approximately 63.8 inches per year, with 0.1 inches of snow per year.