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985 Monet Dr

Baton Rouge, LA 70806
  • $1,595,000
  • STATUS: Active
  • ON SITE: 77 Days
  • ID#: 2023019624
UPDATED: 59 min ago
$1,595,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,473
    SQFT
  • $91
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Ratings & Info

School District:

Description

Rare apartment investment opportunity in the heart of Baton Rouge: Two Building, 20-Unit Apartment Complex. Investors, seize this opportunity: Key Features include: two buildings, each with 10 open-concept 2 bed/1 bath, 775 sf units. Currently 14 (soon to be 16) units occupied, with lots of upgrades on several units including NEW ROOFS on both buildings (one in 2021, one in 2022), NEW luxury vinyl plank flooring, fresh interior paint, new appliances, and multiple plumbing and HVAC repairs and replacements. Excellent, safe location with close proximity to Baton Rouge Community College, Towne Center, tons of great restaurants, LA State police headquarters, several parks, grocery stores, and more. The complex itself is a quiet community right around the corner from a nice family-oriented park. Units are individually metered for power and tenants pay for power. Owner covers water/sewer/trash. Long-term leases on all occupied units. Plenty of room for adding value: on-site laundry facility (not operational now, but great for additional income with minimal work/upgrades), 4 units need minimal work to be turned over and ready for rent. **NO INTERIOR SHOWINGS OR INSPECTIONS UNTIL AFTER UNDER CONTRACT. DO NOT DISTURB OR CONTACT TENANTS.

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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 The Market Real Estate Co. Data last updated: 2024-02-21T12:33:00.033. Licensed in the State of Louisiana, USA. The Market Real Estate Co || 225-953-8889 || Baton Rouge, LA
www.your225market.com/homes/145782349
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985 Monet Dr Baton Rouge, LA 70806

  • Price: $1,595,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 59 min ago
  • ID#: 2023019624
0
Beds
0
Baths
0
½ Baths
0.57
Acres
17,473
SQFT
$91
$/SQFT
Neighborhood:
Melrose East
County:
East Baton Rouge
Area:
Ebr Mls Area 60
School District:
East Baton Rouge
Property Description
Rare apartment investment opportunity in the heart of Baton Rouge: Two Building, 20-Unit Apartment Complex. Investors, seize this opportunity: Key Features include: two buildings, each with 10 open-concept 2 bed/1 bath, 775 sf units. Currently 14 (soon to be 16) units occupied, with lots of upgrades on several units including NEW ROOFS on both buildings (one in 2021, one in 2022), NEW luxury vinyl plank flooring, fresh interior paint, new appliances, and multiple plumbing and HVAC repairs and replacements. Excellent, safe location with close proximity to Baton Rouge Community College, Towne Center, tons of great restaurants, LA State police headquarters, several parks, grocery stores, and more. The complex itself is a quiet community right around the corner from a nice family-oriented park. Units are individually metered for power and tenants pay for power. Owner covers water/sewer/trash. Long-term leases on all occupied units. Plenty of room for adding value: on-site laundry facility (not operational now, but great for additional income with minimal work/upgrades), 4 units need minimal work to be turned over and ready for rent. **NO INTERIOR SHOWINGS OR INSPECTIONS UNTIL AFTER UNDER CONTRACT. DO NOT DISTURB OR CONTACT TENANTS.
Exterior Features

Lot Dimensions 150x165

Property Features

Approximate Age 31-40 Years Association Fee NONE Lot Number 5960 Property Type Apt Complex (5+ Units)

Greater Baton Rouge Association of Realtors logo Listing provided courtesy of Sage Property Management, LLC: 225-306-3006 .© 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 The Market Real Estate Co. Data last updated: 2024-02-21T12:33:00.033. Licensed in the State of Louisiana, USA. The Market Real Estate Co || 225-953-8889 || Baton Rouge, LA
 
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The Market Real Estate Co
4983 Bluebonnet Blvd., Suite A
Baton Rouge LA, 70809