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Key Details
Sold Price $259,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,140 sqft
Price per Sqft $121
Subdivision Monte Vista
MLS Listing ID 2024008265
Lot Size 4,791 Sqft
Property Description
Conveniently located just blocks off of Government Street behind French Truck Coffee, this property is in such a desirable location for folks looking to experience all that Mid City has to offer. The upstairs unit measures approximately 1020 square feet and contains one bedroom and one bath. The downstairs unit measures approximately 1120 square feet and contains two bedrooms and one bath. Both units feature large living rooms and large, screened in front porches. The upper unit also includes a large deck off the back of the building. All the units boast hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas and water. Currently the upstairs apartment is leased at $850/mo, and the downstairs apartment is leased for $1,250/mo, for a total gross scheduled income of $2,100/mo. Based on comparable rentals, the market rent ranges from $2,250 to $2,500 per month. This property has enormous potential to capitalize on rental increases and area appreciation. This duplex represents an excellent opportunity for investors seeking solid returns.
Location
State LA
County East Baton Rouge
Interior
Heating Floor Furnace
Cooling Window Unit(s)
Flooring Wood
Equipment Ceiling Fans
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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