For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $80
Subdivision Jones Estates
MLS Listing ID 2024006782
Sold Date 07/10/24
Construction Status 31-40 Years
Lot Size 0.450 Acres
Lot Dimensions 110 x 180
Property Description
Great Investment Property Located in the Watson Area. This EIGHT-PLEX has units of 2 Bedrooms/1 Bath. Unit 5 has been converted to a one BR and the other BR was converted to a on-site Commercial Coin operated laundry area. These washer/dryers are maintained by Stantons- the profits are split between Stantons (who own W/D) and the owner. The Roof is less than 6 months old. The building has fresh paint, new back doors, and new exterior lights. Seven of the Eight units have brand new Water Heaters. The monthly rents are $6125 but has a potential of $6400-$8000. Owner pays water, sewer, security lighting and trash which runs about $650 a month. It did NOT flood in 2016.
Location
State LA
Parish Livingston
Area Liv Mls Area 81
Building
Construction Status 31-40 Years
Schools
School District Livingston Parish
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kaizen Home Sales and Services, LLC
GET MORE INFORMATION
Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747