$550,000
$550,000
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18645 Greenwell Springs Rd Greenwell Springs, LA 70739
4,120 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $133
Subdivision Rural Tract (No Subd)
MLS Listing ID 2026000110
Sold Date 01/03/26
Lot Size 0.740 Acres
Property Sub-Type Quadruplex
Property Description
"Excellent turnkey investment opportunity 100% occupied! This 4 plex property is tenant-occupied and leased with monthly rent of $1,200 for each unit and a $1,000 security deposit for each unit. The lease will transfer to the new owner at closing and will remain in effect under its current terms until its expiration date. The buyer will assume all landlord responsibilities and cannot modify the lease or remove the tenants before the lease expires, unless mutually agreed upon. Purchasing this property means inheriting the existing tenants, rental income, and lease terms through their lease period." You don't want to miss out on this awesome investment opportunity. All the unit's are identical and feature the following: Spacious 2 Bedrooms, 2 Baths, Luxury Vinyl Plank flooring throughout, canned lighting, open floor plan, large living/dining room combination, granite countertops, decorative tile backsplash, breakfast bar, pantry, electric range/oven, microwave, laundry room, storage room and fenced backyard. Make an appointment now for your own private showing. (MAKE NOTE! There is an additional lot that goes with the property. The City Of Central approved 5 units to be built but owners only built 4, so possible to put one more unit on lot).***
Location
State LA
County East Baton Rouge
Direction From the Magnolia Bridge Crossing and Greenwell Springs Rd intersection proceed approximately 1/4 mile South on Greenwell Springs Rd. The Four Plex Units are on the right.
Interior
Interior Features Storage in Building, 9+ Ft. Ceiling, Electric Stove Con., Master Bath, Other
Heating Central
Cooling Central Air
Flooring Vinyl:Tile Floor
Equipment Individual Meter
Appliance Washer/Dryer All, Electric Cooktop, Dishwasher, Microwave, Range/Oven
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Landscaped, Lighting
Garage Spaces 8.0
Fence Wood
Utilities Available Cable Connected
Roof Type Composition
Private Pool false
Building
Lot Description Commons Lot
Story 1
Foundation Slab
Water Public
Schools
Elementary Schools Central Community
Middle Schools Central Community
High Schools Central Community
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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