10769 ALCO AVE

Baton Rouge, LA
  • Property Type: Multifamily
  • 6,162 sqft

$425,000

Remarks

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.


Details

Listing ID:
BR2025016719
Parish
East Baton Rouge
Area
EBR MLS Area 43
Subdivision
Southpark
Financing
Cash, Conventional
Assessment
01738534
Legal Desc
Lot 61, Southpark Subdivision
Parking:
Open Parking Spaces: 12, Parking Lot

Interior

Cooling
Central Air
Heating
Central
Lot Dimensions
80 x 129

Exterior

Construction
Vinyl Siding, Brick
Lot Size Area
0.24 ac
Lot Description
Level
Water Source
Commercial Water

Location

Directions
Traveling West on Coursey Blvd from Sherwood Forest, turn left on Southpark Dr. Turn right on Alco Ave. 5 Unit complex on the right at the corner next to Gym Fit.
Parish
East Baton Rouge
Sub Type:
Multifamily

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