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615 Spanish Town Rd

Baton Rouge, LA 70802
  • $1,400,000
  • STATUS: Active
  • ON SITE: 378 Days
  • ID#: 2021017762
UPDATED: 23 min ago
$1,400,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,700
    SQFT
  • $824
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Ratings & Info

School District:

Description

***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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© 2022 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: 2022-12-02T11:32:15.823. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
www.smartmove225.com/homes/123398096
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615 Spanish Town Rd Baton Rouge, LA 70802

  • Price: $1,400,000
  • Status: Active
  • On Site: 378 Days
  • Updated: 23 min ago
  • ID#: 2021017762
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1,700
SQFT
$824
$/SQFT
Neighborhood:
Aubert Town
County:
East Baton Rouge
Area:
Ebr Mls Area 50
School District:
East Baton Rouge
Property Description
***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.
Exterior Features

Lot Dimensions 56 Ft X 165 Ft

Property Features

Approximate Age 16-20 Years Association Fee None Lot Number 34 Property Type Apt Complex (5+ Units)

Greater Baton Rouge Association of Realtors logo Listing provided courtesy of Elifin Realty: 800-895-9329 .© 2022 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.


© 2022 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: 2022-12-02T11:32:15.823. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
 
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4561 Durham Place Suite A
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