NOT LISTED FOR SALE

3242 Two Rivers St New Roads, LA 70760

14 Beds
4 Baths
40,000 Sq Ft
246,550 Sq Ft Lot

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

5.66 Acres

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
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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 List to Sale Price per Sq Ft
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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,535 $51,000 $11,500 $39,500
2023 $3,351 $51,000 $11,500 $39,500
2022 $3,300 $51,000 $11,500 $39,500
2021 $3,300 $51,000 $11,500 $39,500
2020 $3,303 $51,000 $11,500 $39,500
2019 $2,818 $51,000 $11,500 $39,500
2018 $2,808 $51,000 $11,500 $39,500
2017 $2,808 $51,000 $11,500 $39,500
2015 $2,741 $49,600 $10,100 $39,500
2013 $2,826 $49,600 $10,100 $39,500
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®
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