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14024-14054 Azalea Park Dr

Baton Rouge, LA 70816
  • $840,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 2024010475
UPDATED: 51 min ago
$840,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $70
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Ratings & Info

School District:

Description

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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© 2024 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 Smart Move Real Estate. Data last updated: 2024-06-18T14:32:07.29. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
www.smartmove225.com/homes/151283269
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14024-14054 Azalea Park Dr Baton Rouge, LA 70816

  • Price: $840,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 51 min ago
  • ID#: 2024010475
0
Beds
0
Baths
0
½ Baths
0.55
Acres
12,000
SQFT
$70
$/SQFT
Neighborhood:
Azalea Park
County:
East Baton Rouge
Area:
Ebr Mls Area 42
School District:
East Baton Rouge
Property Description
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.
Exterior Features

Lot Dimensions 60x117.1860x12062.5x120

Property Features

Approximate Age 41-50 Years Association Fee NONE Lot Number 20-A19-A18 Property Type Apt Complex (5+ Units)

Greater Baton Rouge Association of Realtors logo Listing provided courtesy of Elifin Realty: 800-895-9329 .© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.


© 2024 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 Smart Move Real Estate. Data last updated: 2024-06-18T14:32:07.29. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
 
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