1012 S Acadian Thwy #7 Baton Rouge, LA $ 1,550,000
1012 S Acadian Thwy #7
$ 1,550,000
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1012 S Acadian Thwy #7

Baton Rouge, LA, 70806
$ 1,550,000
Bedrooms6 Baths6.0 Sq 9,880

Monthly Estimate*

$ 10,827

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Multi-Family Home for sale in Baton Rouge, LA

for $1,550,000 with 6 bedrooms and 6 full baths. This 9,880 square foot home was built on a lot size of 0.45.

Entire Building is clad in brick and the two dormers are concrete stucco. Fabulous investment with 2 business offices on first floor, totalling 3750 sq ft on first floor, three units on second floor and two additional units on third floor with a total of 7 rent spaces. All stairwells are pan filled concrete stairs, along with floor decks on each level. All units are fireproofed from one another and during the major renovation the third floor was added by installing Four Steel Columns and Huge I Beams for the third floor support. In 2017 the owners did massive renovations on the second and third floor apts. Replaced all windows with high quality window world casement windows with screen layers on the inside. Stained the exterior brick with Keim Masonry Stain, so it will never need to be repainted. Installed two large high volume hybrid electric water heaters and all flooring was replaced with porcelain wood look tile from door to door. Currently the downstairs offices are leased and two of the upstairs apartments are used as Air B&B rentals, and the other three units are leased with long term tenants. Nine heating and air units installed in 2017 and all capacitors in all units were replaced in 2023. This investment would be ideal if the new owner had office space used for themselves and leased out the rest of the building for rental gain.The power meters were cleaned up to consolidate the builiding into fewer meters to make the energy bills even cheaper. Custom high volume gutters and custom metal awnings were fabricated on-site and installed. The entire building's interior was painted and all kitchens and bathrooms were updated with new fixtures and appliances, granite countertops and new custom cabinets.There is appx. 35.000 worth of cabinetry and built in desks. Installed is a building wide mesh network wifi system and REV fiber from Cox. Please contact Vicki for all rental details and income from units. MLS has each floorplan sketch for your review.

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Multi-Family Pending

Price

$ 1,550,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Apt Complex (5+ Units)

Lot Size

0.45

Town/City

Baton Rouge

County/Region

East Baton Rouge

MLS | Web ID

2023012746

Features
General
Interior Features 9+ Ft. Ceiling Beamed Ceiling Electric Stove Con. Master Bath Other Interior Feat Walk-In Closet
Heating Central Heat
Exterior Features Handicap Exterior Prov Outside Light Patio Porch
HOA NONE
Parking Covered Parking Parking Lot
Subdivision Richland Plantation LA
Stories 3
County EAST BATON ROUGE
Class Multi-Family
Type Apt Complex (5+ Units)
Unit Number 7
Status Pending
Primary City Baton Rouge
Directions Take S. Acadain Thruway from Perkins towards Claycut Rd. Property sits on the lest side almost at the corner of Claycut and Acadian Thruway.
City Baton Rouge
School District East Baton Rouge
Street Name ACADIAN THWY
Financing Cash Fin Conventional Fin Private Financing
Legal Description Lot 3_A Richland Plantation
Special Sales Type As Is
Total Sq Ft 9880
Postal Code 70806
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Interior
Flooring Ceramic Floor Other Floor
Equipment Cable Available Ceiling Fans Other Smoke Detector
Total Number of Units 5
Kitchen Features Cooktop: Electric Counters Granite Counters Solid Surface Dishwasher Dryer Island Microwave Range/Oven Refrigerator
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Exterior
Foundation Slab:Traditional Found
Lot 3_A Level Lot
Lot Size Area 0.45
Lot Dimensions 131 x 150
Fencing Wood Fence
Water/Sewer Public Sewer Public Water
Existing Structures 1
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* Excluded Features
List By
Vicki Spurlock

Listing Agent

Locations Real Estate

Broker

vicki@locationsrealestate.com

Email

Affordability Calculator

$10,827
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Monthly Principal & Interest
$10,827
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1105824 Elementary School
1105828 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$1,550,000 -11.43% Price Down
2/28/2024$1,750,000 -5.41% Price Down
8/1/2023$1,850,000 Listed Price

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1012 S Acadian Thwy #7, Baton Rouge, LA, 70806 is a Multi-Family Home for sale at $1,550,000 with 9,880 sqft and a lot size of 0.45. 1012 S Acadian Thwy #7 has 6 bedrooms and 6.0 baths. The property's zip code is 70806 which is in Baton Rouge, LA