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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $82
Subdivision N27
MLS Listing ID 20435109
Sold Date 06/25/24
Total Fin. Sqft 12000
Year Built 1977
Lot Size 0.560 Acres
Acres 0.56
Property Description
700 Bossier St, Natchitoches, La value add 12 units total multi-family apartments, Consist of 2 bedroom 1 full bath. Central AC Heat, no window units. 2 separate units which consist of Apt 1-6, with the second unit consisting of 12-18. Large common space between units with iron fence. Would be great as a washateria residents and or bbq area-hangout for residents. 11 of 12 Units renovated or currently under renovation. 1 unit not renovated due to long term tenant. Current rent is $800 for renovated units, could be $1000 with current rent markets. Long term tenant currently pays $525 for unrenovated unit. Walking distance to Northwestern State University and downtown Natchitoches, Perfect for an investor looking to add to current rental portfolio. Current residents pay electric, landlord pays water. New roof will be added before sale takes place. Square footage, lot dimensions, are to be verified by the buyers agent.
Location
State LA
County Natchitoches
Zoning Commercial
Direction 700 Bossier St, Natchitoches, Louisiana
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Heat Source Central
Exterior
Utilities Available Cable Available, City Sewer, City Water, Electricity Available
Roof Type Asphalt
Parking Type Assigned, Concrete
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Brick
Others
Ownership NA
Financing Conventional
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Bought with Jennifer Hulbert • Osborn Hays Real Estate, LLC