26475 62 Highway Franklinton, LA 70438

Features

• Price/sqft: $924
• Lot Size: 2 acres
• Total Units: 7
• Heating: Central Furnace

Facts

• Year Built: 01/01/2004
• Property ID: 931559275
• MLS Number: 2463981
• Property Type: Multi-family (2-4 units)
• County: Washington
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Here is your rental business ready to go! Apartments sit on 2 acres in the high demand Pine area. There are 4 buildings- First building has 2 2Bed/1Bath. Second building has 1 2Bed/1Bath with 2 bonus rooms. Third building has 1 3Bed/2Bath unit and unfinished unit could be converted to another 3Bed/2Bath unit. Fourth building has 2 2Bed/1Bath units. All 2Bed units have been renovated since current owners purchased in 2016 with the most recent renovations this year. Car wash sits on 0.25acres next to apartments in the center of Pine community. Monthly income (all approximate) from carwash $500, ice machine $500, ATM $250, vacuum $200, coke machine $50, vending machine $35 Bob Magee property sits on 1 acre in outskirts of Enon. 3Bed/2Bath cottage produces $850/month All units are currently occupied. Car wash and Apartments property has 378ft of hwy 62 frontage in high traffic area. Seller is a Licensed Real Estate Agent.