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SOLD
$215,357
bd
— ba
sq ft

6650 Rio Dr #8, Baton Rouge, LA 70812

map-entry

About this home

Great income producing property. .. 100% occupied! Current gross income is $19,200 less $2960 of expenses netting $16,240, giving an 8.1% cap rate. However, as of July 1, 2006 all rents are being increased to $450 per month, which will increase the gross income to $21,600, net income to $18,520 and CAP RATE to 9.3%!!! Hurry this investment won't last long. Do NOT disturb the tenants. Make all offers subject to inspections.

Multi-familyProperty Type
8 spacesParking
Source:Public Records

Redfin Estimate

$215,357
$30K since last sold$124K since August

This home's estimate is 60.3% higher than the average sale price ($134K) of 4 comparable homes.

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Earn from this home

Sell
$200,911
Est. take-home

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Market trends in 70812, LA

Sale history for 6650 Rio Dr #8

Public record

Beds
Baths
Stories
Lot width
Lot depth
Lot size
Year renovated
Sq. Ft.
Year built
Style
Multi-Family (2-4 Unit)
County
East Baton Rouge Parish
APN
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Mar 21, 2017.

Property details

Around this home

Schools

Merrydale Elementary School

Public PreK-5 • Assigned • 0.1mi

4/10
Glen Oaks Senior High School

Public 6-12 • Assigned • 0.7mi

2/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 20 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Baton Rouge, LA • 70812
Average low and high temperatures (°F)
61
41
71
51
78
56
82
63
84
68
91
75
92
76
92
75
90
72
85
62
76
56
67
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.9 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$205,000 – $248,000

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GreatSchools Ratings provided by GreatSchools.org.