615 SPANISH TOWN RD Baton Rouge, LA $ 1,200,000
615 SPANISH TOWN RD
$ 1,200,000
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615 SPANISH TOWN RD

Baton Rouge, LA, 70802
$ 1,200,000
Bedrooms-- Baths0.0 Sq 1,700

Monthly Estimate*

$ 8,382

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Multi-Family Home for sale in Baton Rouge, LA

for $1,200,000. This 1,700 square foot home was built on a lot size of 0.44 Acre(s).

***NO SHOWINGS WITHOUT AN ACCEPTED PURCHASE AGREEMENT*** PLEASE REVIEW OFFERING MEMORANDUM ON OUR WEBSITE BEFORE REACHING OUT WITH QUESTIONS. This multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr), and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each. The single-family home faces Lakeland Dr and consist of 3 bedrooms & 2 bathrooms, totaling ±1, 700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C, and 8 of the 10 apartments have in-unit washer/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas, and common area electric. Tenants pay their own electric, and a portion of utilities for 9&10 is split with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years, and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water & sewer. Tenant pays electric & gas. This property is also being offered as part of a 37-unit portfolio. Contact broker for more info.

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Multi-Family Active

Price

$ 1,200,000

Property Type

Multi-Family

Style

Apartment Building

Lot Size

0.44 Acre(s)

Town/City

Baton Rouge

County/Region

East Baton Rouge

MLS | Web ID

2021017762

Features
Interior
Heating System Central Heat
Interior Solid Surface Countertops
Sewer Public Sewer
Water Source Public Water
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Exterior
Foundation Slab
Parking 1-20 Parking Spaces
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* Excluded Features
List By
Mathew Laborde

Listing Agent

Elifin Realty

Broker

mlaborde@elifinrealty.com

Email

Affordability Calculator

$8,382
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
East Baton Rouge School District

Map


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615 SPANISH TOWN RD , Baton Rouge, LA, 70802 is a Multi-Family Home for sale at $1,200,000 with 1,700 sqft and a lot size of 0.44 Acre(s). 615 SPANISH TOWN RD has 0.0 baths. The property's zip code is 70802 which is in Baton Rouge, LA