26475 62 Highway, Franklinton, Louisiana, 70438
$525,000
Condo/ Townhome/ Apartment
10 ba
16 bds
568 Sqft
Active
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.
Water Source : Public
Sewer : Septic Tank
Parking Features: Driveway
Lot Features : 1 to 5 Acres,Irregular Lot,Outside City Limits
Property Condition : Very Good Condition
8 Unit(s)
Heating : Yes.
Heating System : Central
Cooling: Central Air
Construction Materials: Brick,Vinyl Siding,Wood Siding
Foundation Details: Slab
Levels : One
Roof Type: Metal
Street Address: 26475 62 Highway
City: Franklinton
State: Louisiana
Postal Code: 70438
County: Washington
MLS Number: 2463981
Year Built: 2004
Courtesy of Goings Group Real Estate Services, Inc.
Courtesy of Stirling Properties
