1023 LAUREL ST, Baton Rouge, LA 70802 (MLS# BR2026008852)

Remarks & Misc

Remarks

BRAND NEW ROOF!!!! Welcome to this exceptional multi-family home which is divided into 3 separate apartments. This could also be utilized as a muliti-commercial office space/investment opportunity! If you love the charm of old homes (estimated that it was built in 1940) with 12' ceilings, original oak floors, & cast iron tubs, you'll love this ideally located 2565 sq/ft home. Uniquely built with 3 apartments and located blocks away from Spanish Town and the Baton Rouge Downtown Development District, and not far from mid-city & LSU. It is the perfect investment opportunity! With a big beautiful porch, the "front" apartment of the home is currently leased w/ 2BD/1BA, gated along side courtyard & offers 1017 sq ft of living area. The "side" apartment, has its own driveway and parking and offers 1BD/1Ba, 921 sq. ft. with a sunroom, lots of storage space, an office nook, back covered deck & gated back yard. Currently vacant, with freshly painted kitchen and brand new appliances, this apt is ready for a new tenant/or owner occupant, NOW. The "back" apartment, which is leased, is a 1Bd/1BA and 626 sq ft. Large shed in back offers one side of storage and one side of Utility room/creative space. * In-unit laundry hookups in the front and rear apts * Separate utility meters *- tenants pay their own utilities.* Owner covers Wi-Fi bill of around $80/mo. This income-producing property offers a strong opportunity for investors seeking both stability and upside. Existing tenants provide reliable cash flow, while the versatile layout also allows for multiple families, multiple offices/professional use. The sale includes Lot 7 (60 x 130) and Lot 8 (30 x 130), with Lot 8 featuring a dedicated driveway on the right providing access to the side apartment. The additional lot presents further value-add potential and could be developed for an additional business, subject to adding a structure and any applicable approvals. Don't miss this opportunity to build equity!

Office/Member/Contract Info

List AOR

GBRAR

Siding

Vinyl Siding

Yes

Parking

Detached

Yes

Equipment

Ceiling Fans

Yes

Cable Ready

Yes

Construction

Other

Yes

Foundation

Piers

Yes

Exterior

Patio

Yes

Patio

Deck

Yes

Porch

Yes

Roof

Composition

Yes

Metal

Yes

Heating

Central

Yes

Electric

Yes

Cooling

Central Air

Yes

Flooring

Wood

Yes

Appliances

Electric Range

Yes

Fencing

Wood

Yes

Lot

Level

Yes

Financing

Cash

Yes

Conventional

Yes

Showing

Sign on Prop

Yes

Owner Pays

Cable/Sat TV

Yes

Property Features