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615 Spanish Town Rd, 
Baton Rouge, LA 70802

$1,200,000

Last List Price

Bed


Bath


1,700

Sq Ft


Multi-Family

Sold

Listed by

Mathew J Laborde Sior Ccim

Elifin Realty

800-895-9329

MLS#

BR2021017762

Source:

LA RAAMLS

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About This Home

615 Spanish Town Rd

***NO SHOWINGS WITHOUT AN ACCEPTED PURCHASE AGREEMENT*** PLEASE REVIEW OFFERING MEMORANDUM ON OUR WEBSITE BEFORE REACHING OUT WITH QUESTIONS. This multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr), and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each. The single-family home faces Lakeland Dr and consist of 3 bedrooms & 2 bathrooms, totaling +-1,700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C, and 8 of the 10 apartments have in-unit washer/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas, and common area electric. Tenants pay their own electric, and a portion of utilities for 9&10 is split with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years, and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water & sewer. Tenant pays electric & gas. This property is also being offered as part of a 37-unit portfolio. Contact broker for more info. https://buildout.com/connect/sharing/downtown-apartment-multifamily-portfolio-615-spanish-town-baton-rouge

Home Facts

Multi-Family

Price Summary

1,200,000

$705 per Sq. Ft.

MLS #:

BR2021017762

Sold:

December 19, 2024


Structure

Structure

Building Area:

1,700 Sq. Ft.


Lot

Lot Size (Sq. Ft):

9,239


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$705 per Sq. Ft.

Source:LA RAAMLS
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