NOT LISTED FOR SALE

3242 Two Rivers St New Roads, LA 70760

14 Beds
4 Baths
40,000 Sq Ft
5.66 Acres

Last Sold January 29, 2024

141 Days on Market

About This Home

As of January 2024

Great investment opportunity. Positive cash flow. 38 units - Six 1 Bedroom units, Twenty Nine 2 BR units and Three 3 BR units. Units have been renovated. Please do not disturb the tenants. Owner will do owner financing with a large down payment.

Last Agent to Sell the Property

Gary Hollier

Hollier Real Estate License #0000033818 Listed on: 06/08/2023

Last Buyer's Agent

Gary Hollier

Hollier Real Estate License #0000033818 Listed on: 06/08/2023

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5.66

Parking

  • 76 Parking Spaces

Home Design

  • 40,000 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Additional Features

  • Oven or Range
  • 5.66 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00809580

Community Details

Overview

  • Rural Tract Subdivision

Building Details

  • Insurance Expense $14,250
  • Utility Expense $15,600
  • New Taxes Expense $3,456

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Legal Description: Great investment opportunity. Positive cash flow. 36 units - Seven 1 Bedroom units, Twenty Six 2 BR units and three 3 BR units. There are 6 additional lots that can be developed. Please do not disturb the tenants. Owner will consider owner financing.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Range/Oven
  • Estimated Total Sq Ft: 40000
  • List Price T Sq Ft: 36.875
  • Price Per Sq Ft: 36.88
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Brick Siding

Garage/Parking

  • Tot Park Spcs: 76

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 36
  • Utility Expenses: 15600

Lot Info

  • Lot Number: 2-19 & 24
  • Acres: 5.66
  • Estimated Age: 31-40 Years
  • Lot Dimensions: irreg
  • Mineral Rights: RESERVED

Multi Family

  • Heat Units: 36
  • Indiv Metered: Yes
  • Units: 36

Tax Info

  • Tax Expense: 3456
  • FILLTAXID: 00809580

MLS Schools

  • School System: Pointe Coupee Parish

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/29/2024 01/29/24 Sold -- -- --
10/27/2023 10/27/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $1,475,000 -1.7% $37 / Sq Ft
06/08/2023 06/08/23 For Sale $1,500,000 -- $38 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2023009305

Greater Baton Rouge Association of REALTORS®