8863 Folly Brown Rd, Clinton, LA 70722

$305,000
List Price
$305,000
Status
ACTIVE
MLS#
2024005485
Acres
5.70
Parish
East Feliciana
Subdivision
Rural Tract (No Subd)

Property Description

Rare opportunity to get four (4) rental units on over 5.7 acres. All units are occupied and the current annual income is $38,700.00 The addresses are 8949, 8935, 8921, and 8863 Folly Brown Rd in Clinton, LA . Each MHM has its own lot and they range from 1.31 tgo 1.61 acres per lot. All lots are adjoined and have individual utilities that include DEMCO electric and city water. All utilities are paid by the tenant and each lot has its own individual sewer treatment. Each unit has a metal roof added for ease of maintenance. Units are offered at a bundle price. Drive by and look and DO NOT DISTURB TENANTS. No showings will be allowed until an acceptable offer has been negotiated. Contact agent for current cap rate, rents, maintenance records and any other information needed to put together an offer.

Additional Information

Sqft
5120
Hoa Fee Type
NONE
Interior Features
Electric Dryer Con., Master Bath, Walk-In Closet
Heating
Central Heat

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Courtesy of 1st Class Real Estate Greater Capital Area

Copyright 2024 Greater Baton Rouge Association of Realtors. All rights reserved. Information Deemed Reliable but Not Guaranteed.