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