14024-14054 Azalea Park Dr Baton Rouge, LA $ 840,000
14024-14054 Azalea Park Dr
$ 840,000
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14024-14054 Azalea Park Dr

Baton Rouge, LA, 70816
$ 840,000
Bedrooms2 Baths2.0 Sq 12,000

Monthly Estimate*

$ 5,583

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Multi-Family Home for sale in Baton Rouge, LA

for $840,000 with 2 bedrooms and 2 full baths. This 12,000 square foot home was built on a lot size of 0.55.

Offering Memorandum: https://buildout.com/connect/sharing/fully-occupied-multfamily-investment-off-old-hammond-hwy-14024-14044-14054-azalea-park-ave-baton-rouge-la-70816 Now available for sale, 14024, 14044, and 14054 Azalea Park Ave consists of three fourplex buildings, totaling 12 units on separate parcels. The property is 100% occupied, boasting an annual gross rental income of $105,300. This opportunity is situated just off Old Hammond Hwy near Millerville Rd, providing excellent access to I-10 and proximity to major retailers like Target, Best Buy, and Starbucks. The units feature durable ceramic tile flooring, enhancing both the aesthetic and functionality. 8 units are equipped with stackable washers and dryers provided by the owner, while the remaining 4 offer side-by-side washer and dryer connections. The roofs were replaced 5 years ago and all ground-floor units are upgraded with Thermopane windows for improved energy efficiency. Each fourplex benefits from designated off-street parking. This offering represents a stable income-producing asset with potential for full occupancy in a sought-after location, making it an attractive option for investors looking to expand their portfolio in the Baton Rouge area.

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Multi-Family Active

Price

$ 840,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Apt Complex (5+ Units)

Lot Size

0.55

Town/City

Baton Rouge

County/Region

East Baton Rouge

MLS | Web ID

2024010475

Features
General
Heating Central Heat Other Heating
HOA NONE
Subdivision Azalea Park
County EAST BATON ROUGE
Class Multi-Family
Type Apt Complex (5+ Units)
Status Active
City Baton Rouge
School District East Baton Rouge
Financing Cash Fin Conventional Fin
Special Sales Type As Is
Total Sq Ft 12000
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Exterior
Foundation Slab:Traditional Found
Lot 20-A 19-A 18
Lot Size Area 0.55
Lot Dimensions 60x117.18 60x120 62.5x120
Water/Sewer Other Water/Sewer
Existing Structures 3
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Interior
Total Number of Units 12
Kitchen Features Dishwasher Microwave Range/Oven Refrigerator
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* Excluded Features
List By
Perry Musgrow

Listing Agent

Elifin Realty

Broker

pmusgrow@elifinrealty.com

Email

Affordability Calculator

$5,583
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,583
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% 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
1105824 Elementary School
1105828 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$840,000 Listed Price

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14024-14054 Azalea Park Dr, Baton Rouge, LA, 70816 is a Multi-Family Home for sale at $840,000 with 12,000 sqft and a lot size of 0.55. 14024-14054 Azalea Park Dr has 2 bedrooms and 2.0 baths. The property's zip code is 70816 which is in Baton Rouge, LA