Remarks
Renovated 12 unit multifamily (3 buildings, 4 units each) with a mix of 3 bedroom and 2 bedroom units.The property includes an on-site, income-producing laundromat with 8 machines generating an average of several hundred dollars per month. Utilities are individually metered, so tenants pay their own. The downstairs units were fully gutted and rebuilt with new doors, sheetrock, cabinets, and more. Major systems have been improved, including central HVAC systems installed within approximately the last 5 years, newer water heaters, and updated electrical panels, meter pans, and wiring in most units. Current ownership has maintained conservative tenant-qualification standards and has not been proactive with leasing, creating a clear opportunity for a new owner to improve occupancy and increase cash flow.
Details
- Listing ID:
- BR2026002777
- Parish
- East Baton Rouge
- Area
- EBR MLS Area 11
- Financing
- Cash, Conventional
- Assessment
- 728144
- Legal Desc
- Lots 14, 21, 22 Baker Trails
- Parking:
- Open Parking Spaces: 24
Interior
- Cooling
- Central Air
- Heating
- Central
- Lot Dimensions
- 84x167, 80x144, 77x145
Exterior
- Construction
- Other, Frame, Brick
- Lot Size Area
- 0.59 ac
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