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2 Dynamic Urban Investment Properties

By Haven Team

1 min read

Discover two dynamic urban investment properties offering unparalleled opportunities in Louisiana. In Baton Rouge, a meticulously renovated building features commercial offices and residential units, perfect for mixed-use purposes. Meanwhile, in New Orleans’ East Carrollton, a charming shotgun-style residence with coveted off-street parking presents flexible living and rental options. Both properties exemplify prime investment potential in thriving urban locales.

Luxury Living and Working | $1,400,000

1012 s acadian 1
1012 S Acadian Thwy, Baton Rouge, LA 70806
locationsreal
LISTING AGENT:
Listing agents: Adrien Flaherty, Vicki Spurlock, Shelby Spurlock & Amy Prejean

Entire building is clad in brick and the two dormers are concrete stucco. Fabulous investment with 3 business offices downstairs (rented as two) totaling 3750 sq ft on the first floor, three units on second floor and two additional units on third floor. Total of 8 units rented. All stairwells are pan filled concrete threads, along with concrete floor decks on each level. All units are fireproofed from one another and during the major renovation the third floor was added by installing steel columns and I beams for support. In 2017 owners did massive renovations on the entire building touching every surface. Replaced all windows with high quality Window World casements with screen layers on the inside. The exterior brick is stained with Keim Masonry stain, so it will never need to be repainted. Installed two large high volume hybrid electric water heaters and all flooring was replaced with porcelain wood look tile from door to door.

Listing details: Currently the downstairs offices are leased and two of the upstairs units are used as Air B&B’s rentals, and the other three units are leased with long term tenants. Nine new heating and air units installed in 2017 and all capacitors in all units were updated in 2023.This investment would be ideal if the new owner had office space used for themselves and leased out the rest of the building for rental gain. The power meters were cleaned up to consolidate the building into fewer meters to make the energy bills cheaper. Custom hung volume gutters and custom metal awnings were fabricated on site and installed. The entire building’s interior was painted and all kitchens and bathrooms were updated with new fixtures, appliances, granite countertops, and new custom cabinets. There is appx 35k worth of custom cabinetry and built-in desks in the downstairs office units. There is a building wide mesh network installed with system and REV Fiber was brought into the building’s data room in 2023 as well as a large commercial cable drop from Cox. Either provider can support any business solution possible with no new service installation. VICKI SPURLOCK LISTING AGENT 225.928.2222 vicki@locationsrealestate.com www.locationsrealestate.com 4008 Hyacinth Avenue, Baton Rouge, LA 70808 ADRIEN FLAHERTY BROKER 225.336.8043 www.locationsrealestate.com SHELBY SPURLOCK BUYERS AGENT 225.681.0299 www.locationsrealestate.com AMY PREJEAN BUYER’S AGENT 225.333.0255 www.locationsrealestate.com Luxury Living and Working 6130 RESIDENTIAL RENTALS | 3750 COMMERICAL WORKSPACES The site is zoned C-1 (a designation that is not given as freely as it once was) and has abundant concrete parking as well as covered parking in the rear. There is an agreement in place for access to Claycut via an easement at the rear of the neighbor’s parcel if the new owner desires. Mail and parcel delivery is grandfathered in to be delivered to each door, even on the upper floors!

Price:
$1,400,000
Size:
9,880 sq ft
Contact:
Adrien Flaherty, Vicki Spurlock, Shelby Spurlock & Amy Prejean, Locations Real Estate , +1 225.336.8043, 225.928.2222, 225.681.0299, 225.333.0255

Charming Residence In East Carrollton | $450,000

2455129 1
1535 Burdette St, New Orleans, LA 70118
karenconaway
LISTING AGENT:
Karen Conaway

FANTASTIC OPPORTUNITY in the East Carrollton Neighborhood with TWO COVETED DRIVEWAYS FOR OFF STREET PARKING ! This charming shotgun style residence is currently being used a single family home, but can easily be switched back to a multi family for extra rental income. 1535 side has an open living/dining room floorplan with high ceilings, exposed beams, fireplace mantle , and a skylight for plenty of natural light. 2 bedrooms .

Listing details: Hardwood floors throughout. Kitchen has charming glass front cabinets , terracotta tile island, gas range , stainless appliances , and an inside laundry room. 1533 Side was at one time divided into a one bedroom rental with a kitchen/ living combo plus bath with a clawfoot tub. Two bedrooms, a full bath with shower , a bonus room with plumbing and cabinets in place for a work studio, plus an additional back storage room can be easily incorporated into the 1535 side , carving out a large L shaped owners unit . Lovely side yards with citrus trees , plus a large outdoor bonus shed for bike/extra storage. In close proximity to the lively Oak and Maple St scenes . Bring your vision and make this space your happy place!

Price:
$450,000
Size:
2,088 sq ft
Contact:
Karen Conaway , Keller Williams Realty New Orleans , +1 504.723.9974