Address
700 Bossier St, Natchitoches, LA
Price
$ 995,000
Property Attributes
- MLS#20435109
- TypePending
- CountyNATCHITOCHES
- CityNatchitoches
- NeighborhoodN27
- Zip71457
- StyleRetail
- Price$ 995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12000
- Lot Size0.56 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.
| Price History | |
|---|---|
| 9/19/2023 | Listed $1,200,000 |
| 11/15/2023 | 18% - $995,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | Cable Available,City Sewer,City Water,Electricity Available |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Asphalt |
| Year Built | 1977 |
| Tenant Pays | Electricity |
| Business Type | Commercial |
| Building Use | Other |
| Will Subdivide | No |
| Gross Annual Expenses | 4200.00 |
| Property SubType | Retail |
| Subdivision Name | N27 |
| Zoning Description | Commercial |
| County | Natchitoches |
| Property Type | Commercial Sale |
| Construction Materials | Brick |
| Year Built Details | New Construction - Complete |
| Status | Pending |
| Directions | 700 Bossier St,Natchitoches,Louisiana |
| City | Natchitoches |
| Buyer Agent Compensation | 3% on 1st 200K,2% Remain |
| Street Name | Bossier St |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20435109 |
| Standard Status | Pending |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Laminate |
|---|---|
| Total Stories | 2 |
| Total Units | 12 |
| SQFT Gross | 24000 |
| Lock Box Type | Call Listing Office |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Assigned,Concrete |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.5600 |
| Lot Size Units | Acres |
| Building Area Total | 12000.00 |
| Lot Size Square Feet | 24393.6000 |
| Lot Size Acres | 0.5600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 71457
Price
Visits
Year Built
Walkscore
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