$184,000
$200,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
2,040 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $184,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $90
Subdivision Homewood
MLS Listing ID 2023014976
Lot Size 2,613 Sqft
Property Description
Please Do Not Disturb Tenants. Multifamily portfolio located in Reserve, LA just 5 minutes from Marathon Petroleum on Airline Hwy. The portfolio consists of 8 units distributed between 4 buildings (Duplexes). These units are currently 100% occupied and have month to month leases allowing opportunities to increase value through rent increases. Each unit has 3 bedrooms, 2 bathrooms, and tenant parking. All of the units have new HVAC systems. Three of the four buildings have brand new roofs and one of the buildings has a metal roof. Other improvements include new vinyl siding and fascia on all units except 515 Homewood Pl, new water lines from the meter to the building for each unit with a shut off valve, full interior renovations with wood look tile throughout each unit, new windows, paint, and upgraded electrical panels. Also located in a Flood Zone X.
Location
State LA
Parish St John The Baptist
Area Oth Mls Area 95 (Other)
Schools
School District St. John The Baptist Parish
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
Bought with Keller Williams Realty-First Choice
GET MORE INFORMATION
Agent | License ID: 0995699842