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    18819 Greenwell Springs Rd

    Central, LA 70739
    • $799,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: 2020014687
    UPDATED: 16 min ago
    $799,000
    • 0
      BEDS
    • 2.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,280
      SQFT
    • $78
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family

    School Ratings & Info

    School District:

    Description

    Investor Alert! Come check out this 9 unit property in Central. Fully occupied with leases in place and great return! The property is fully fenced, major capital improvements over the previous year include new roofing, ACs, flooring, paint, fixtures, plumbing and most electrical! The first home is a 2BR/2Ba house rented for $1400/month with a 2 year lease in place. Next is a 2BR/2Ba single wide rented for $1100/month with a 2 year lease in place. Next is a 3BR/2Ba triple wide with a one year lease at $1400/month. The next unit is a 4plex with 3 units consisting of 1BR/1Ba and one 2BR/1Ba unit. These rent for $800 per unit & $1100 per month for the 2BR/1Ba unit. The final unit is a duplex consisting of 2 units both 1BR/1Ba and rented for $800/month. Total monthly rental income is $9000/month. The owner pays utilities on the 4plex and the duplex. Most of the tenants are long term retired tenants on social security or fixed income. Owner made major capital improvements to create a much more manageable complex. Utility expense is about $500/month for the duplex and 4plex. Property taxes are around $1800/year and insurance is about $4200/year. Net income is $86,400.

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    © 2020 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or David Landry Real Estate. Data last updated: 2020-11-24T18:32:05.973.

    Licensed in the State of Louisiana, USA.
    David Landry Real Estate || 225-229-9837 || Baton Rouge, LA
    www.davidlandryrealestate.com/homes/110029954
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    18819 Greenwell Springs Rd Central, LA 70739

    • Price: $799,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 2020014687
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.86
    Acres
    10,280
    SQFT
    $78
    $/SQFT
    Neighborhood:
    Rural Tract (No Subd)
    County:
    East Baton Rouge
    Area:
    Ebr Mls Area 22
    School District:
    Central Community
    Property Description
    Investor Alert! Come check out this 9 unit property in Central. Fully occupied with leases in place and great return! The property is fully fenced, major capital improvements over the previous year include new roofing, ACs, flooring, paint, fixtures, plumbing and most electrical! The first home is a 2BR/2Ba house rented for $1400/month with a 2 year lease in place. Next is a 2BR/2Ba single wide rented for $1100/month with a 2 year lease in place. Next is a 3BR/2Ba triple wide with a one year lease at $1400/month. The next unit is a 4plex with 3 units consisting of 1BR/1Ba and one 2BR/1Ba unit. These rent for $800 per unit & $1100 per month for the 2BR/1Ba unit. The final unit is a duplex consisting of 2 units both 1BR/1Ba and rented for $800/month. Total monthly rental income is $9000/month. The owner pays utilities on the 4plex and the duplex. Most of the tenants are long term retired tenants on social security or fixed income. Owner made major capital improvements to create a much more manageable complex. Utility expense is about $500/month for the duplex and 4plex. Property taxes are around $1800/year and insurance is about $4200/year. Net income is $86,400.
    Exterior Features

    Construction Frame Const Exterior Vinyl Siding Foundation Piers FoundSlab:Traditional Found Lot Dimensions 125X1046 Parking Spaces 19

    Interior Features

    Ac Units 9 Bedrooms Four 1 Bedrooms Four1 1 Bedrooms One 2 Bedrooms Six 2 Bedrooms Three 3 Bedrooms Two 2 Cooling Central Air Cool Full Baths Five 1 Full Baths Four 1 Full Baths One 2 Full Baths Six 1 Full Baths Three 2 Full Baths Two 2 Heat Units 9 Heating Central Heat Kitchen Features Cooktop: Electric Sq Ft Five 700 Sq Ft Four 650 Sq Ft One 1580 Sq Ft Six 1000 Sq Ft Three 2000 Sq Ft Two 1260

    Property Features

    Approximate Age 41-50 Years Association Fee None Financing Cash FinConventional Fin Individually Metered Yes Lot Number Na Mineral Rights Conveyed Number Units Five 2 Number Units Four 3 Number Units One 1 Number Units Six 1 Number Units Three 1 Number Units Two 1 Property Type Other Property Type Five Flat Property Type Four Flat Property Type One Townhome Property Type Six Flat Property Type Three Other Property Type Two Other Special Sale Type N/A Unit Five Rent 800 Unit Four Rent 800 Unit One Rent 1400 Unit Six Rent 1100 Unit Three Rent 1400 Unit Two Rent 1100 Water Sewer Public WaterSeptic Tank

    Listing provided courtesy of Keller Williams Realty Red Stick Partners.© 2020 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.
    © 2020 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or David Landry Real Estate. Data last updated: 2020-11-24T18:32:05.973.

    Licensed in the State of Louisiana, USA.
    David Landry Real Estate || 225-229-9837 || Baton Rouge, LA
     
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    Baton Rouge LA, 70816