$485,000
$475,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
6,000 SqFt
SOLD DATE : 07/10/2024
Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $80
Subdivision Jones Estates
MLS Listing ID 2024006782
Sold Date 07/10/24
Construction Status 31-40 Years
Lot Size 0.450 Acres
Lot Dimensions 110 x 180
Property Description
Great Investment Property Located in the Watson Area. This EIGHT-PLEX has units of 2 Bedrooms/1 Bath. Unit 5 has been converted to a one BR and the other BR was converted to a on-site Commercial Coin operated laundry area. These washer/dryers are maintained by Stantons- the profits are split between Stantons (who own W/D) and the owner. The Roof is less than 6 months old. The building has fresh paint, new back doors, and new exterior lights. Seven of the Eight units have brand new Water Heaters. The monthly rents are $6125 but has a potential of $6400-$8000. Owner pays water, sewer, security lighting and trash which runs about $650 a month. It did NOT flood in 2016.
Location
State LA
Parish Livingston
Area Liv Mls Area 81
Building
Construction Status 31-40 Years
Schools
School District Livingston Parish
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Bought with Kaizen Home Sales and Services, LLC