Fantastic opportunity to own your own investment property in a spectacular Sportsman’s Paradise Location. This 6-unit apartment building was renovated after Hurricane Katrina in 2005. Each furnished unit has a full built in kitchen including granite counter tops and wooden cabinets, dishwasher, disposal, ice mkaer, microwave, range/oven, refrigerator/freezer, and washer/dryer. 5 units have 2 bedrooms & 2 full bathrooms w/approx. 744 sq. ft.; 1 unit has 1 bedroom & 1 full bathroom w/approx. 521 sq. ft. Rear storage area w/approx. 100 sq. ft. 2 RV hookups at the rear. Great positive cash flow and currently booked for the year! Insurance is approx. $17,500. a year on building.
The median home value in Buras, LA is $70,000. This is lower than the county median home value of $232,500. The national median home value is $219,700. The average price of homes sold in Buras, LA is $70,000. Approximately 66.27% of Buras homes are owned, compared to 10.85% rented, while 22.88% are vacant. Buras 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 Buras real estate agent to arrange a tour today!
Buras, Louisiana has a population of 877. Buras is more family-centric than the surrounding county with 54.82% of the households containing married families with children. The county average for households married with children is 33.22%.
The median household income in Buras, Louisiana is $50,182. The median household income for the surrounding county is $49,635 compared to the national median of $57,652. The median age of people living in Buras is 35.8 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 62.9 inches per year, with 0 inches of snow per year.