$425,000

Est. payment - /mo

6,162 SqFt

UPDATED:

Key Details

Sold Price $425,000

Property Type Multi-Family

Sub Type Apt Complex (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 6,162 sqft

Price per Sqft $68

Subdivision Southpark

MLS Listing ID 2025016719

Lot Size 10,454 Sqft

Property Sub-Type Apt Complex (5+ Units)

Property Description

5 Unit Multifamily/Fully Occupied Excellent opportunity to acquire a 5-unit multifamily property in an established working-class neighborhood with strong rental demand. Property Highlights: 100% Occupied. 5 Spacious 2 BR /2.5 BA units, Approximately 1,200 sq ft per unit, Individually metered-tenants pay all utilities (low owner expenses) , Located on a main thoroughfare with high visibility and accessibility, currently 100% occupied with strong rental demand in the area, minutes from restaurants, grocery stores, hospital and parks. Located in Flood Zone X -No mandatory flood insurance required by most lenders, Stable tenant base ALL OFFERS MUST BE MADE SUBJECT TO INSPECTION.

Location

State LA

Parish East Baton Rouge

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Equipment Ceiling Fans, Individual Meter

Exterior

Exterior Feature Lighting

Garage Spaces 12.0

Fence Full, Wood

Building

Foundation Slab:Post Tension Found

Sewer Comm. Sewer

Water Comm. Water

Schools

Elementary Schools East Baton Rouge

Middle Schools East Baton Rouge

High Schools East Baton Rouge

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

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Listed by Ruba Thomas REALTOR

Nearby School & Business

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Customer Care

+1(866) 794-1022

Broker | License ID: 23wee-234444

Broker License ID: 23wee-234444

10769 Alco Ave Baton Rouge, LA 70816