$350,000
$365,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
4,808 SqFt
SOLD DATE : 04/15/2024
Key Details
Sold Price $350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,808 sqft
Price per Sqft $72
Subdivision Lakeland Acres
MLS Listing ID 2024002352
Sold Date 04/15/24
Construction Status 31-40 Years
Lot Size 0.290 Acres
Lot Dimensions 85x147
Property Description
This 4-plex just listed off of I-12 at Range Ave across from Bass Pro. This is a great investment opportunity with continuous rental income. Each unit has 2 beds and 1.5 baths, in-unit laundry, and 8 parking spaces. Both bottom units were updated in 2016, and some of the 2 upstairs units as well. Each is individually metered for electricity and water. Recently updated HVAC systems and siding. The units are currently collecting below market value & are 100% occupied at $775, $825, $825, & $850 = $3,275 monthly. Current monthly fees paid by the owner include: property & flood insurance: $717.25, property taxes: $217.50, water/sewer & trash: $280.00, lawn/garden: $80. C1 is moving out by March 1. Showings can happen soon after for this unit until occupied. C2, C3, & C4 are month to month. C2 has been here for over 5 years, and C4 has been in the unit for over 30 years. Do not disturb the tenants. Viewings will be allowed upon an accepted purchase agreement during the due diligence period. Hurry before you miss out on this gem!
Location
State LA
Parish Livingston
Area Liv Mls Area 83
Building
Construction Status 31-40 Years
Schools
School District Livingston Parish
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Bought with CHT Group Real Estate, LLC
11853 Bricksome Ave, Suite C, Rouge, La, 70816, United States