$433,000
SOLD NOV 26, 2019
Last list price

18779 Sisters Rd Ponchatoula, LA 70454

10 Beds
7 Baths
4,157 Sq Ft
2.7 Acres

Recently Sold

$104 Per Sq Ft

4 Days on Market

Highlights

  • 2.7 Acre Lot
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Traditional Architecture
  • Laundry Room
  • Property is in very good condition

About This Home

As of June 2021

Start earning income with this turn key investment property. Listed price @ estimated 10% Cap Rate. 7 unit single level apartment complex with a coin operated laundry facility in the rear. 100% units are leased. Large Lot on 2.7 Acres with the possibility adding more structures for additional rental income. In preferred Flood Zone X. Do not disturb tenants.

Last Agent to Sell the Property

Melinda Dahmer

LATTER & BLUM (LATT27) License #995699828 Listed on: 10/22/2019

LATTER & BLUM (LATT27)

Last Buyer's Agent

Holly Breaux

United Real Estate Partners License #995693713

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1982

Lot Details

  • 2.7 Acre Lot
  • Lot Dimensions are 182x712x174x658
  • Rectangular Lot
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,157 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Septic Tank

Community Details

  • 7 Units
  • Not A Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 7045418779SistersRD

Property Details

Home Type

Apartment

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.7
  • Lot Size: 182x712x174x658
  • Subdivision Name: Not a Subdivision
  • Directions: Airport Rd to Sister Rd, Apartments on right.
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 37
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 1
  • Year Built: 1982

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 7
  • Total Bedrooms: 10
  • Living Area: 4157.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1 to 5 Acres, Outside City Limits, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window Unit
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Parcel #: 7045418779SistersRD
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 7

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold -- -- --
05/31/2021 05/31/21 For Sale $500,000 +15.5% $120 / Sq Ft
11/26/2019 11/26/19 Sold -- -- --
10/27/2019 10/27/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $433,000 -- $104 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2224640

APN: 3932109