1205 W CHIMES ST Baton Rouge, LA 70802

$2,000,000

1 of 14

Bedrooms

Total Baths

Full Baths

Square Feet

0.86

Acres

Year Built

47 days

On Website

Active

Status

Fully renovated, 100% occupied completely turn-key apartment complex that is adjacent to LSU property outside the North Gate of LSU near Nicholson Dr.. This building features 27 2 bed, 1 bath units and one laundry room for 28 income producing units. Units are currently renting for between $800 - $850 a month, however some of the longer tenured tenants are paying less and represent a chance to raise income further. Rare opportunity to own a renovated complex in an area that still has tremendous future appreciation potential. Renovations include.... New HVAC in all 27 units + laundry (2019 and 2020 installation) New double pane windows/sliding doors/front doors in all 27 units + laundry 27 Units + Laundry with new electric panels 14 completely re-wired units (108-114, 208-214) 14 completely replumbed units (108-114, 208-214) 24 new (2019+) water heaters 6 Brand new electric meter panels New flat roof area in 2019 Architectural shingle roof <5 years old Exterior painted in 2019 Gutters added 2019 24 Units completely cosmetically modernized New vanities, new counters, new tub surrounds, new floors, quartz/granite counters, new paint, new lights, etc. 3 Units mostly modernized Combination of new counters, new floors, new tub surrounds, etc. Replacement cabinet doors stocked Laundry room washer/dryers owned/maintained through 3rd party. Security cameras on-site Baton Rouge Police Officer on-Site Expense breakdown attached in files. NO SHOWINGS UNTIL ACCEPTED CONTRACT DO NOT DISTURB TENANTS OWNER/AGENT

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Details


Interior
Appliances
Counters Solid Surface, Range/Oven, Refrigerator
Flooring
Ceramic Floor, Vinyl:tile Floor

Building And Construction
Number Of Units Total
28
Property Sub Type
Multi Family
Property Type
Residential Income

Exterior And Lot
Lot Size Acres
0.86
Lot Size Square Feet
37462
Parking Total
40

Utilities
Heating
Central Heat, Electric Heat

Area And Schools
City
Baton Rouge
County Or Parish
East Baton Rouge
High School District
East Baton Rouge
Subdivision Name
College Park

Additional Info
Bedrooms 1
2
Full Baths 1
1

Listing By Ascend Real Estate Group

MLS# 2021004397

Data Last Updated

Greater Baton Rouge Association Of Realtors

The information being provided by Greater Baton Rouge MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Greater Baton Rouge MLS. Action Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of RE/MAX Properties, a broker participant of Greater Baton Rouge MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Baton Rouge MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright© 2021 Greater Baton Rouge MLS. All rights reserved.

70802 Statistics and Information

Transportation

Walking

Very Walkable

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