Great Cashflow on this Baton Rouge Duplex

East Baton Rouge Parish, Baton Rouge, LA, 70802
Sold
Listed at: September 15th, 2022
Price
$46,000
Sq. Footage
1200
Type
Multifamily
Parking
Assigned
Year build
1000
Lot size
acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Add this rental to your portfolio. There are two 1/1 properties on the same title.


The houses have deferred maintenance and will need a decent turn to get rent ready. There is a tenant in one of the houses that has been there a long time and is only paying $300. We will have her out by closing so you can get it ready for a tenant at market rent (Should be around $750).


The owner is in the other unit and we need to let him stay up to 2 months after closing so he can move. Title will hold back $5K from his side of the closing as part of a post purchase occupancy and if he stays longer than 2 months they will start disbursing rent from that money.



- This is a Contract for sale - Cash or Hard Money purchase required - The contract is to purchase the house in "AS IS" condition - $2000 Non-Refundable deposit required to lock up the contract - Buyers must perform their own due diligence - Buyer must be able to close within 2 weeks - Agents- Buyer is responsible for agent commission - Buyer to pay closing costs
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Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Steve Keighery

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Disposition manager