This is a fantastic investment opportunity to own a well-maintained, income-producing property currently generating $2,200 per month from the main home, while the separate garage apartment is vacant and actively being marketed for rent?offering additional income potential. The main home features 2 bedrooms and 1 beautifully updated bathroom with tile and a walk-in shower, along with updated thermal pane windows and central heat and air for comfort and efficiency. Offering 1,119 living square feet, the home also includes a heated and cooled laundry room that provides extra storage space and rear access to the property. The separate garage apartment adds an additional 532 square feet (not included in total living area) and features 1 bedroom and 1 bathroom, with a flexible living area that could potentially serve as a second bedroom. Interiors in both units are in great condition, and the garage apartment roof was replaced in 2021 for added peace of mind. Located in Flood Zone A, the property currently benefits from reduced insurance premiums thanks to an elevation certificate. Additional features include a downstairs storage area with washer and dryer hookups for the garage apartment, covered parking, and an additional parking pad in front of the home. This is a smart investment opportunity with strong long-term potential and room to increase cash flow.
Listed By
Agency Name: CENTURY 21 Bessette Flavin
Agency Phone: 225-478-5770
Shown By
Agency Title: Burns & Co., Inc. REALTORS®
Agency Phone: (800) 375-0608
Estimated Payment
$ 483.31 per month $427.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $56.00 Homeowner's Insurance
835 Iris Street | MLS# 2026005602
This single family home located at 835 Iris Street, Baton Rouge, LA 70802 is currently listed for sale with an asking price of $192,000. This property was built in 1970 and has 3 bedrooms and 2 full baths with 1651 sq. ft. Iris Street is located in the University Park subdivision within the East Baton Rouge school district. Search University Park real estate on www.burnsandco.com today.