Baton Rouge, LA 70816,14024-14054 Azalea Park Dr
Baton Rouge, LA 70816,14024-14054 Azalea Park Dr
Baton Rouge, LA 70816,14024-14054 Azalea Park Dr
10
$810,000
$840,000
3.6%
Est.Price: ?

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8 BD
8 BA

14024-14054 Azalea Park Dr Baton Rouge, LA 70816

Est. payment /mo
SOLD DATE : 09/26/2024

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Key Details

Sold Price $810,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Azalea Park

MLS Listing ID BR2024010475

Sold Date 09/26/24

Bedrooms 8

Full Baths 8

Property Sub-Type Multi Family

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.

Location

State LA

Interior

Heating Central, Other, Heat Unit(s)

Cooling Central Air, Other, AC Unit(s)

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Garage Spaces 24.0

Total Parking Spaces 24

Building

Foundation Slab

Sewer Other Water/Sewer

Others

Tax ID 3121496, 3121488, 3085929

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REALTOR® Association of Acadiana VOW
Listed by Elifin Realty

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agent

Joel Bacque

Agent | SALE.SALE.995684240-ACT

+1(337) 739-0425

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