$155,000
$20K PRICE DROP

82260 Training Center Rd Folsom, LA 70437

Estimated payment $1,218/month

Total Views 23,176
1 Bed
1 Bath
304 Sq Ft
$510 Price per Sq Ft

Highlights

  • Wood Siding
  • Folsom Junior High School Rated A
  • No Heating

About This Home

Exciting Investment Opportunity with excellent cashflow and potential for more! This barn is equipped with 20 stalls, washing station, feed room, utility and tack room, a fully functioning walking wheel, and a huge hay loft for storage or to add more apartments of additional income! Stalls currently rent for $150 per month per stall for a potential of $3000 per month. The 1 bedroom 1 full bath apartments upstairs rent between $350-400 per unit with one unit currently rented with a long term tenant at $400 per month. Purchase of the property grants access to a fully operating and maintained 3/4 mile racetrack with starting gates.

Listing Agent

Steve Hayden

Southland Properties Inc License #0995701235 Listed on: 01/17/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 150 x 230

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • 304 Sq Ft Home
  • Frame Construction
  • Wood Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • 22 Units

Building Details

  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.71
  • Lot Size: 150 x 230
  • Structure Type: Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 304

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Other

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association Fee: 3000
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: St Tammany Parish

Lot Info

  • Lot Size Sq Ft: 30927.6

Multi Family

  • Number Of Units Total: 22
  • Annual Gross Income: 3700
  • Total Actual Rent: 850

Tax Info

  • Tax Lot: 13

Map

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 List to Sale Price per Sq Ft Prior Sale
06/14/2025 06/14/25 Price Changed $155,000 -11.4% $510 / Sq Ft
01/17/2025 01/17/25 For Sale $175,000 +22.4% $576 / Sq Ft
07/12/2021 07/12/21 Sold -- -- -- View Prior Sale
06/12/2021 06/12/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $143,000 -- $350 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

About the Listing Agent

Steve Hayden
Steve Hayden

Southland Properties Inc

(985) 332-3543

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Source: Greater Baton Rouge Association of REALTORS®

MLS Number: BR2025001130

APN: 15949

Louisiana St Tammany Parish Folsom 70437

82260 Training Center Rd, Folsom, LA

This home is located at 82260 Training Center Rd, Folsom, LA 70437 and is currently priced at $155,000, approximately $509 per square foot. 82260 Training Center Rd is a home located in St. Tammany Parish with nearby schools including Folsom Elementary School, Folsom Junior High School, and Covington High School.

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Steve Hayden
Steve Hayden
Listing Agent Section Image
Southland Properties Inc
(985) 332-3543