545-555 Wiltz Dr, Baton Rouge, LA 70806

$514,500
2,349
SqFt

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List Price
$514,500
Status
ACTIVE
MLS#
2575476
Living Area
2,349
Year Built
1960
Parish
East Baton Rouge

Property Description

Investor alert! Two income-producing homes being sold together as one package with combined rental income of $3,200 per month or $38,400 annually. Both properties are in excellent condition and feature granite countertops, stainless steel appliances, and gas ranges. The front home at 555 Wiltz offers three bedrooms, two bathrooms, tons of kitchen cabinetry, a breakfast bar, charming living room built-ins, and a covered carport. Privately tucked behind it, 545 Wiltz offers three bedrooms, one bathroom, an open layout with a kitchen island, a spacious laundry room, and a large covered back patio overlooking the yard. This unique two-home setup offers plenty of possibilities, including two established rentals, owner occupancy with income from the second home, or separate accommodations for extended guests. 545 is currently rented for $1,400 per month on a month-to-month basis, while 555 is rented for $1,800 per month through July 2027, providing immediate income with future flexibility. This is a rare opportunity to acquire two well-maintained homes with established cash flow and multiple options for future use. Both properties are tenant occupied and are being sold together as one package.

Additional Information

Stories
1
Cooling
Central Air
Heating
Central

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Calculator source: Real Geeks

Courtesy of Amanda Miller Realty, LLC

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