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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $73
Subdivision Sherwood Meadow
MLS Listing ID 2024009834
Sold Date 05/24/24
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
Now available for sale, 11634 W Sherwood Meadow Ave is a fourplex multifamily investment opportunity in a tranquil family neighborhood off North Harrell's FerryRoad. Currently 75% occupied. Each unit is 2 bedrooms and 1.5 bathrooms. All occupied units have a stable rent of $815/month, contributing to a total Gross Rental Income of $39,120. There is one unit currently vacant, providing a potential income increase upon lease. New roof installed in 2024. Excellent opportunity for investors seeking stable rental income in a family-friendly area. View Sale Brochure: https://buildout.com/connect/sharing/fourplex-multifamily-11634-w-sherwood-meadow-ave-baton-rouge-sale?file=3300954
Location
State LA
County East Baton Rouge
Interior
Heating Other
Cooling Central Air
Appliance Microwave, Range/Oven
Exterior
Garage Spaces 8.0
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Other, Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747