NOT LISTED FOR SALE

4108 Tracy Cir Sulphur, LA 70663

-- Bed
-- Bath
5,500 Sq Ft
0.65 Acres

Last Sold May 03, 2023

200 Days on Market

About This Home

As of May 2023

8-unit apartment complex conveniently located close to I-10 in the Maplewood area of Sulphur. All units are 1 bedroom and 1 bath with 625 sq ft living each. New metal roofs since hurricane, all new paint on brick exterior, 7 units have brand new cabinets and 5 have new granite counter tops. Ceramic tile flooring throughout all apartments. All units have Central HVAC system, new windows in 2019, new light fixtures and fresh interior paint most units. These properties stayed rented. There is also a 2-car garage and storage building in rear of property that convey with apartments. All utilities are on one meter, so rent is collected with all bills paid. This property is located in flood zone AE. Seller current flood policy is $1276 year and will be transferred to new buyer at closing if insurance allows. Expenses: Property tax $1646.37 per year, Monthly utility bills for electric, gas, water and dumpster for all units average $907. Rent is $900-950 monthly per unit. Monthly total rent collected is $7550. There are a couple of vacant units can be shown anytime.

Last Agent to Sell the Property

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 08/18/2022

Coldwell Banker Ingle Safari Realty

Last Buyer's Agent

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 08/18/2022

Coldwell Banker Ingle Safari Realty

Property Details

Home Type

Condominium

Year Built

1974

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: irregular
  • Co List Office Mls Id: 67
  • Co List Office Phone: 337-478-1601
  • Subdivision Name: MAPLE FORK
  • Directions: Cities Service Hwy (Hwy 108) Take City Service exit from I-10, turn right onto City service and cross over Maplewood then turn right on Tracy Circle complex on left
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 1974

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Stories: 1
  • Stories: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Green Building Features: Appliances
  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28314.0
  • Land Lease Expiration Date: 2023-12-31
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 7550.0
  • Property Net Operating Income: 6645.0
  • Annual Operating Expense: 905.0
  • Total Actual Rent: 7550.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Lot: 9&10

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
05/03/2023 05/03/23 Sold -- -- --
03/06/2023 03/06/23 Pending -- -- --
08/18/2022 08/18/22 For Sale $560,000 +27.3% $102 / Sq Ft
01/23/2019 01/23/19 Sold -- -- --
11/18/2018 11/18/18 Pending -- -- --
11/18/2018 11/18/18 For Sale $440,000 -- $88 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL22006444

APN: 310909-1194- 0009