$1,200,000 Price Analysis   ♡   Baton Rouge, LA 70802 Unknown bed 0 bath 1,700 SqFt ($705/SqFt) 0.44 acre lot. Listed 2021-11-18 | Ⓧ USDA Ineligible due to price & location near Baton Rouge |
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This multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr) and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each.
The single-family home faces Lakeland Dr and consist of 3 bedrooms and 2 bathrooms, totaling 1, 700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C and 8 of the 10 apartments have in-unit wsher/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas and common area electric. Tenants pay their own electric and a portion of utilities for 9and10 is spli t with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water and sewer. Tenant pays electric & gas. This property is also being offered as part of a 37-unit portfolio. Contact broker for more info.
Presented by Mathew Laborde at
Elifin Realty.
Property MLS #2021017762 from BatonRouge
Lot Size Dimensions: 56 ft x 165 ft
Lot Size Square Feet: 19166
Map directions Map directions Map directions Map directions Map directionsDirections: Going North on I-110, Exit left on North St. Turn right on N 5th St. Go 2 blocks then turn right on Spanish Town Rd. Property is on the left.
Source Property Type: Multi-Family
Area: EBR MLS Area 50
Source Neighborhood: Aubert Town
Subdivision: Aubert Town
Property Subtype: Apt Complex (5+ Units)
Source System Name: C2C
$1,200,000
BatonRouge
Listed 2021-11-18
$1,400,000
BatonRouge
Year Built Details: 16-20 Years
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.