Address
10106-10136 Bonnet Cove Ave Baton Rouge, LA
Price
$ 900,000
Property Attributes
  • MLS#2021016687
  • TypeMulti-Family
  • ParishEAST BATON ROUGE
  • CityBaton Rouge
  • AreaEbr Mls Area 53
  • NeighborhoodWesthaven Townhomes
  • Zip70810
  • StyleFourplex (4 Units)
  • Price$ 900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7200
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Latter & Blum - Perkins
Data Source:
Greater Baton Rouge MLS (GBRAR) - 74 - LA
Property Description

The acquisition of the Bonnet Cove package gives investors the opportunity to acquire solid, easy to maintain rental units in a desirable location in Baton Rouge. The properties are also in close proximity to major retailers and employers. The property is 100% occupied which provides investors with cash flow on day 1. These units are easy to rent and there should be room to increase rents further. The current owner has had very little vacancy throughout the ownership. Also, the current owner is the original developer. These homes were built to sell off individually in 2008 but the recession hit and like so many housing developments being completed during this time, the houses went onto the rental market and have been on the rental market ever since. There is also an opportunity to purchase 5 lots on the same street. The acquisition could also be appealing to builders who are looking to develop townhome style units once the market makes sense to do so. Property Highlights: The Bonnet Cove property is in good condition. See below for property highlights. • Private, quiet street with easy access to Burbank Dr. • High end finishes and open floor plans • Tile flooring • Granite countertops in kitchen • Washer/Dryer connections • Vinyl and brick siding • Covered parking

Price History
10/28/2021 Listed $900,000

General Features

Cooling Central Air Cool
Heating Central Heat
Listing Area EBR MLS Area 53

Interior Features

#units 1 1
#units 2 1
#units 3 1
#units 4 1
Bedrooms 1 3
Bedrooms 2 3
Bedrooms 3 3
Bedrooms 4 3
Full Baths 1 3
Full Baths 2 3
Full Baths 3 3
Full Baths 4 3
Heat Units 4
Kitchen Features Cooktop: Electric, Counters Granite

Exterior Features

Foundation Slab:Traditional Found
Lot Dimensions 24X106
Lot Size Area 0.06
Siding Brick Siding, Cement Fiber Siding
Water/Sewer Public Sewer, Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 70810

Price
AVG $580K
$900K
Visits
AVG 29
11

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