$365,000
$365,000
For more information regarding the value of a property, please contact us for a free consultation.
4,808 SqFt
SOLD DATE : 02/11/2024
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,808 sqft
Price per Sqft $75
Subdivision Lakeland Acres
MLS Listing ID 2024002352
Sold Date 02/11/24
Lot Size 0.290 Acres
Property Sub-Type Quadruplex
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
County Livingston
Direction South Range to Cathryn Left on Kelli Dr.
Interior
Interior Features Electric Stove Con.
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Other, Wood
Equipment Ceiling Fans, Individual Meter
Appliance Dishwasher, Disposal, Range/Oven, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony, Landscaped, Lighting
Garage Spaces 8.0
Utilities Available Cable Connected
Waterfront Description Waterfront,Walk To Water
Roof Type Shingle
Private Pool false
Building
Lot Description No Outlet Lot
Story 2
Foundation Other, Slab
Sewer Individual Sewer
Water Public
Schools
Elementary Schools Livingston Parish
Middle Schools Livingston Parish
High Schools Livingston Parish
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition As Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "