Two Story Multifamily off Florida Near Sherwood

Multi-Family for Sale
Catylist Listing ID: 30392647
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Student Housing, Other
Building Status: Under Construction
Number of Units: 2 Units
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Sale Price: $99,500
Unit Price: $49,750 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2019

Overview / Comments

This multifamily duplex is perfectly priced for an investor looking to add to their portfolio. Located in Ashley Place neighborhood just north of Florida Blvd, the property sits in the middle of a residential neighborhood and only 0.6 miles from Belaire High School.

A neighboring property, across the street, is also for sale: 12466, 12468 Warfield Avenue. Listed separately.

- Revenue generating property
- 1/2 mile from Florida Blvd

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,037 (Annual)
Potential Rental Income $15,600 (Annual)
Gross Operating Income $14,040 (Annual)
Net Operating Income $6,622 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Tax ID/APN: 009-8676-3
Zoning: A4
Area Description: Warfield Avenue is north of Florida Blvd between N Sherwood Forest Blvd and N Flannery Rd.
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,521 76,967 180,051
Median Age: 31.15 35.95 36.31
Households: 3,912 30,146 72,168

Contact

Photograph of Listing Agent

Mark R Segalla

Elifin Realty Baton Rouge, LA 70806
Not a member of MCAR CIE
Photograph of Listing Agent

Mathew J Laborde

Elifin Realty Baton Rouge, LA 70806
Not a member of MCAR CIE
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