Description
Tri-plex in walking and biking distance to LSU off Nicholson north of LSU. One building containing two 2-bedroom units about 800 SF each and one 1-bedroom unit about 600 SF. The two BR units have gotten as much as $1,000 per month before Covid shutdowns and the one bedroom gets $695. More rently rents were $800/Mo. Rents include gas, water, sewer, garbage and yard. Individual electric meters for unit. Window air conditioning. (Three AC units in the 2-BR units, one in each bedroom and one in living area. Two AC units in the one bedroom) Gas heat. Classic wood floors in living and bedroom areas of the 2-bedroom units with ceramic tile in wet areas. The 1-bedroom has more recent flooring of laminate and tile and cabinetry in the open floor plan kitchen area. Window World insulated windows helps tenants keep their energy bills down. One gas and water meter serves all units and includes in rents. Appliances provided in all units include refrigerator and range. No dishwashers. Shared washer and dryer connections on rear porches. Parking sufficient for two slots for each unit (six total reserved). Nice yard, fully fenced chain link. Frame construction. The property is in an Enterprise zone and is zoned A-4 with LDR land use and CN future land use. Surrounded by larger complexes so a four or even six or eight plex should go through on this lot. Some deferred maintenance has built up in anticipation of teardown and rebuild but current roof does not leak (estimate in hand) and building is fully occupied although some tenants with rent in arrears have evictions in process. Annual property tax currently $1,088 and insurance $973. Seller to make no repairs.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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2,200SQFT
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$107$/SQFT
Description
Tri-plex in walking and biking distance to LSU off Nicholson north of LSU. One building containing two 2-bedroom units about 800 SF each and one 1-bedroom unit about 600 SF. The two BR units have gotten as much as $1,000 per month before Covid shutdowns and the one bedroom gets $695. More rently rents were $800/Mo. Rents include gas, water, sewer, garbage and yard. Individual electric meters for unit. Window air conditioning. (Three AC units in the 2-BR units, one in each bedroom and one in living area. Two AC units in the one bedroom) Gas heat. Classic wood floors in living and bedroom areas of the 2-bedroom units with ceramic tile in wet areas. The 1-bedroom has more recent flooring of laminate and tile and cabinetry in the open floor plan kitchen area. Window World insulated windows helps tenants keep their energy bills down. One gas and water meter serves all units and includes in rents. Appliances provided in all units include refrigerator and range. No dishwashers. Shared washer and dryer connections on rear porches. Parking sufficient for two slots for each unit (six total reserved). Nice yard, fully fenced chain link. Frame construction. The property is in an Enterprise zone and is zoned A-4 with LDR land use and CN future land use. Surrounded by larger complexes so a four or even six or eight plex should go through on this lot. Some deferred maintenance has built up in anticipation of teardown and rebuild but current roof does not leak (estimate in hand) and building is fully occupied although some tenants with rent in arrears have evictions in process. Annual property tax currently $1,088 and insurance $973. Seller to make no repairs.
© 2023 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 Prime Properties Group | Keller Williams Realty First Choice. Data last updated: 2023-03-23T23:32:05.76. Licensed in the State of Louisiana, USA. Prime Properties Group | Keller Williams Realty First Choice || 225-341-9083 || Pairieville, LA
Listing provided courtesy of Steve Myers, Broker: 225-767-0640 .© 2023 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.