321-325 S Bengal Road, River Ridge, LA 70123
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
321-325 S Bengal Road,River Ridge, LA 70123
$1,350,000
- 26 Beds
- 16 Baths
- 6,429 sq. ft.
- Multi-family
- Active
Listed by: bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:2547424
Source:LA_GSREIN
Price summary
- Price:$1,350,000
- Price per sq. ft.:$209.99
About this home
9% cap on actuals, one vacancy when filled brings property to 10% cap. Over $250,000 in renovation work completed in past year including all new underground plumbing, interior renovations to ~3/4 of units including flooring, Sheetrock, paint, appliances, complete bathroom renovations, etc. Metal roof in great shape with all new screws and foam. New shed for maintenance storage. Security cameras. 15/16 units occupied leaving room to grow rent roll and increase value. Gross monthly rents currently over $17k/month, will be over $18k/month at 100% occupancy. All vouchers are 1 bedroom which leaves even more room to increase cash flow by getting the 10 2 bedrooms up to 2 bedroom vouchers. All financials in attachments. Agent/Owner
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Home facts
- Year built:1980
- Listing ID #:2547424
- Added:48 day(s) ago
- Updated:April 30, 2026 at 03:06 PM
Rooms and interior
- Bedrooms:26
- Total bathrooms:16
- Full bathrooms:16
- Living area:6,429 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Metal
- Year built:1980
- Building area:6,429 sq. ft.
- Lot Features:City Lot, Rectangular Lot
- Construction Materials:Block
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$209.99
Features and amenities
- Amenities:Closed Circuit Camera(s), Window Screens
Parking
- Parking description:Off Street
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