$200,000
$200,000
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521-523 Homewood Pl Reserve, LA 70084
2,040 SqFt
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $98
Subdivision Homewood
MLS Listing ID 2023014975
Sold Date 08/15/23
Lot Size 2,613 Sqft
Property Sub-Type Duplex
Property Description
Please Do Not Disturb Tenants. Multifamily portfolio located in Reserve, LA just 5 minutes from Marathon Petroleum on Airline Hwy. The portfolio consists of 8 units distributed between 4 buildings (Duplexes). These units are currently 100% occupied and have month to month leases allowing opportunities to increase value through rent increases. Each unit has 3 bedrooms, 2 bathrooms, and tenant parking. All of the units have new HVAC systems. Three of the four buildings have brand new roofs and one of the buildings has a metal roof. Other improvements include new vinyl siding and fascia on all units except 515 Homewood Pl, new water lines from the meter to the building for each unit with a shut off valve, full interior renovations with wood look tile throughout each unit, new windows, paint, and upgraded electrical panels. Also located in a Flood Zone X.
Location
State LA
County St John The Baptist
Direction From airline highway left onto Homewood Place
Interior
Heating Central
Cooling Central Air
Appliance Electric Cooktop
Exterior
Garage Spaces 4.0
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools St. John The Baptist Parish
Middle Schools St. John The Baptist Parish
High Schools St. John The Baptist Parish
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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