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10106-10136 Bonnet Cove Ave

Baton Rouge, LA 70810
  • $900,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: 2021016687
$900,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Ratings & Info

School District:

Description

The acquisition of the Bonnet Cove package gives investors the opportunity to acquire solid, easy to maintain rental units in a desirable location in Baton Rouge. The properties are also in close proximity to major retailers and employers. The property is 100% occupied which provides investors with cash flow on day 1. These units are easy to rent and there should be room to increase rents further. The current owner has had very little vacancy throughout the ownership. Also, the current owner is the original developer. These homes were built to sell off individually in 2008 but the recession hit and like so many housing developments being completed during this time, the houses went onto the rental market and have been on the rental market ever since. There is also an opportunity to purchase 5 lots on the same street. The acquisition could also be appealing to builders who are looking to develop townhome style units once the market makes sense to do so. Property Highlights: The Bonnet Cove property is in good condition. See below for property highlights. Private, quiet street with easy access to Burbank Dr. High end finishes and open floor plans Tile flooring Granite countertops in kitchen Washer/Dryer connections Vinyl and brick siding Covered parking

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© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Patton Brantley Realty Group. Data last updated: 2021-12-06T23:31:53.457. Licensed in the State of Louisiana, USA. Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
www.livebr.com/homes/122844698
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10106-10136 Bonnet Cove Ave Baton Rouge, LA 70810

  • Price: $900,000
  • Status: Active
  • On Site: 39 Days
  • ID#: 2021016687
0
Beds
0
Baths
0
½ Baths
0.06
Acres
7,200
SQFT
$125
$/SQFT
Neighborhood:
Westhaven Townhomes
County:
East Baton Rouge
Area:
Ebr Mls Area 53
School District:
East Baton Rouge
Property Description
The acquisition of the Bonnet Cove package gives investors the opportunity to acquire solid, easy to maintain rental units in a desirable location in Baton Rouge. The properties are also in close proximity to major retailers and employers. The property is 100% occupied which provides investors with cash flow on day 1. These units are easy to rent and there should be room to increase rents further. The current owner has had very little vacancy throughout the ownership. Also, the current owner is the original developer. These homes were built to sell off individually in 2008 but the recession hit and like so many housing developments being completed during this time, the houses went onto the rental market and have been on the rental market ever since. There is also an opportunity to purchase 5 lots on the same street. The acquisition could also be appealing to builders who are looking to develop townhome style units once the market makes sense to do so. Property Highlights: The Bonnet Cove property is in good condition. See below for property highlights. Private, quiet street with easy access to Burbank Dr. High end finishes and open floor plans Tile flooring Granite countertops in kitchen Washer/Dryer connections Vinyl and brick siding Covered parking
Exterior Features

Construction Frame Const Exterior Brick SidingCement Fiber Siding Foundation Slab:Traditional Found Lot Dimensions 24X106 Parking Spaces 8

Interior Features

Ac Units 4 Bedrooms Four 3 Bedrooms One 3 Bedrooms Three 3 Bedrooms Two 3 Cooling Central Air Cool Full Baths Four 3 Full Baths One 3 Full Baths Three 3 Full Baths Two 3 Heat Units 4 Heating Central Heat Kitchen Features Cooktop: ElectricCounters Granite Sq Ft Four 1800 Sq Ft One 1800 Sq Ft Three 1800 Sq Ft Two 1800

Property Features

Approximate Age 11-15 Years Association Fee None Financing Cash FinConventional FinOther FinancingPrivate Financing Individually Metered Yes Lot Number 7-10 Mineral Rights Conveyed Number Units Four 1 Number Units One 1 Number Units Three 1 Number Units Two 1 Property Type Fourplex (4 Units) Property Type Four Townhome Property Type One Townhome Property Type Three Townhome Property Type Two Townhome Special Sale Type N/A Unit Four Rent 1645 Unit One Rent 1850 Unit Three Rent 1695 Unit Two Rent 1650 Water Sewer Public SewerPublic Water

Listing provided courtesy of Latter & Blum - Perkins.© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.


© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Patton Brantley Realty Group. Data last updated: 2021-12-06T23:31:53.457. Licensed in the State of Louisiana, USA. Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
 
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Patton Brantley Realty Group
6513 Perkins Rd.
Baton Rouge LA, 70808