Price Reduction
Address
718 & 730 Spanish Town Rd Baton Rouge, LA
Price
$ 650,000
Property Attributes
  • MLS#2021016542
  • TypeMulti-Family
  • ParishEAST BATON ROUGE
  • CityBaton Rouge
  • AreaEbr Mls Area 50
  • NeighborhoodSpanish Town
  • Zip70806
  • Style
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4374
  • Lot Size11,761 SqFt
Listing Provided Courtesy Of:
Latter & Blum - Perkins
Data Source:
Greater Baton Rouge MLS (GBRAR) - 74 - LA
Property Description

The 6 unit Spanish Town Portfolio offers investors the opportunity to acquire a 100% occupied investment package in one of the best sub markets in all of Baton Rouge, Spanish Town. These properties are located across the street from the iconic Spanish Town Grocer. Spanish Town offers easy access onto I-110, Downtown, the capital, and many employers in the area. The historic Spanish Town Parade passes right in front of the properties as well. 718 Spanish Town: • 2 units • 1 Vacant Unit as of Oct. 2021 • One of the units is 2Br/1Ba and the other is a 1Br/1Ba • The 2Br/1Ba unit has been updated with top end finisheswith washer/dryerconnections. • Central air/heat. • The 2br/1Ba unit (825 SF) currently receives $925/month in rent and the tenant is responsible for all utilities. • The 1Br/1Ba unit (525 SF) currently receives $700/month in rent and the tenant is responsible for all utilities. • Total Property Size: 1,350 SF • Ample off street parking in the rear 730 Spanish Town: • 4 units • 100% occupied • All units are 1Br/1Ba units receiving between $625- 700/month in rent. • Property offers no laundry solutions to tenants. Units offer the possibility to add washer/dryer connections • Window units • Each Unit measures 756 SF. • Total Property Size: 3,024 SF • Ample off street parking in the rear • 730 Spanish Town must be purchased with 718 Spanish Town. • Ample shared off street parking with 718 Spanish Town Home ages are unknown Can be sold as a package with 818 Costello Ln

Price History
10/25/2021 Listed $715,000
11/16/2021 10% - $650,000

General Features

Cooling Central Air Cool, Window Units Cool
Heating Central Heat, Wall Unit(s) Heat
Listing Area EBR MLS Area 50
Parking Assigned/Reserved Park, Parking Lot

Interior Features

#units 1 1
#units 2 1
#units 3 1
#units 4 1
#units 5 1
#units 6 1
Bedrooms 1 2
Bedrooms 2 1
Bedrooms 3 1
Bedrooms 4 1
Bedrooms 5 1
Bedrooms 6 1
Full Baths 1 1
Full Baths 2 1
Full Baths 3 1
Full Baths 4 1
Full Baths 5 1
Full Baths 6 1
Heat Units 6
Kitchen Features Range/Oven

Exterior Features

Existing Structures 2
Foundation Piers Found
Lot Dimensions 86x133
Lot Size Area 0.27
Siding Stucco Siding, Wood Siding
Water/Sewer Public Sewer, Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 70806

Price
AVG $540K
$650K
Visits
AVG 19
28

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