2128 Elissalde St

    Baton Rouge, LA 70808
    • $469,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 2020003943
    UPDATED: 11 min ago
    $469,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,566
      SQFT
    • $183
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family

    School Ratings & Info

    School District:

    Description

    Excellent Turn-key short term rental investment opportunity. Currently offered at a 13% cap rate. This property is comprised of a 3br/2bth single family residence (2128 Elissalde), and (2) studio garage apartments (2132 Elissalde A&B). The house and one garage apartment are completely furnished and currently in the Airbnb, and VRBO rental pools. The properties excellent condition, location, and proximity to LSU, lakes, and Perkins merchant district have made it an excellent performer. The house has averaged $3901/m in rental income. The Studio has averaged $1682/m in rental income. The second studio is currently leased by the owner for $600/m. This lease could be continued, or the unit could converted to a 3rd short term rental for additional rental income. The property was completely remodeled in 2017.

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    © 2020 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: 2020-04-10T14:31:57.503.

    Licensed in the State of Louisiana, USA.
    Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
    www.livebr.com/homes/104011082

    2128 Elissalde St Baton Rouge, LA 70808

    • Price: $469,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 2020003943
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    2,566
    SQFT
    $183
    $/SQFT
    Neighborhood:
    Zee Zee Gardens
    County:
    East Baton Rouge
    Area:
    Ebr Mls Area 52
    School District:
    East Baton Rouge
    Property Description
    Excellent Turn-key short term rental investment opportunity. Currently offered at a 13% cap rate. This property is comprised of a 3br/2bth single family residence (2128 Elissalde), and (2) studio garage apartments (2132 Elissalde A&B). The house and one garage apartment are completely furnished and currently in the Airbnb, and VRBO rental pools. The properties excellent condition, location, and proximity to LSU, lakes, and Perkins merchant district have made it an excellent performer. The house has averaged $3901/m in rental income. The Studio has averaged $1682/m in rental income. The second studio is currently leased by the owner for $600/m. This lease could be continued, or the unit could converted to a 3rd short term rental for additional rental income. The property was completely remodeled in 2017.
    Exterior Features

    Construction Frame Const Exterior Vinyl Siding Exterior Features Outside LightStorage Shed/Bldg. Fence Privacy FenceWood Fence Foundation Piers Found Lot Dimensions 58X200 Parking Spaces 7

    Interior Features

    Ac Units 4 Bedrooms One 3 Bedrooms Three 1 Bedrooms Two 1 Cooling Central Air Cool Equipment Cable AvailableCable ReadySmoke Detector Full Baths One 2 Full Baths Three 1 Full Baths Two 1 Heat Units 4 Heating Central HeatElectric HeatGas Heat Kitchen Features Cooktop: Gas Sq Ft One 1506 Sq Ft Three 530 Sq Ft Two 530

    Property Features

    Approximate Age 51-75 Years Association Fee None Financing Conventional Fin Individually Metered Yes Lot Number Lot 10 Mineral Rights Conveyed Number Units One 1 Number Units Three 1 Number Units Two 1 Property Type Triplex (3 Units) Property Type One Other Property Type Three Loft/Studio/Efficiency Property Type Two Loft/Studio/Efficiency Special Sale Type As IsOwner/Agent Unit One Rent 3902 Unit Three Rent 600 Unit Two Rent 1682 Water Sewer Comm. SewerComm. Water

    Listing provided courtesy of Ritter Properties, Llc..© 2020 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.
    © 2020 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: 2020-04-10T14:31:57.503.

    Licensed in the State of Louisiana, USA.
    Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
     
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