7272 BURBANK DR #12 new Save Request In-Person Tour Request Virtual Tour
Baton Rouge,LA 70820
Key Details
Property Type Single Family Home, Condo
Sub Type CONDOMINIUM
Listing Status Active
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $136
Subdivision Burbank Landing
MLS Listing ID 2024021177
Style Contemporary Style
Bedrooms 3
Full Baths 2
Year Built 2008
Property Description
This property is in an OPPORTUNITY ZONE!!! "Created by the 2017 Tax Cuts and Jobs Act, the goal of opportunity zones is to boost economic and job growth by encouraging investment in these areas. By making land improvements and purchasing, constructing and renovating properties in these locations, the hope is that they will become more appealing places to live, work and invest." Real estate investors and developers in opportunity zones can take advantage of tax incentives, which get better the longer they own the property. ?They can be eligible to defer their federal taxes on capital gains,?. ?They?ll get 100 percent exclusion after 10 years.?� And no federal taxes on capital gains after 10 years on the�sale of the real estate This property is located on the high traffic road of Burbank Dr near Lee Dr. A highly popular multi-family and residential area with tons of restaurants, fast food places, gas stations, etc nearby. The property is only 1.7 miles from LSU campus and around 7 miles from Downtown Baton Rouge. The complex consists of 12 units. Each unit is a whopping 1,500 sqft with 3 bedrooms and 2 full bathrooms. It has a full kitchen and a living room area. Each unit is a very spacious with tall ceilings which makes the units feel extremely large. This condo has a new roof, new granite countertops, a brand-new AC air system, new fixtures, new doors, a new staircase, new flooring, etc. Basically, everything is brand new besides the upstairs bathroom.
Location
State LA
Parish East Baton Rouge
Area Ebr Mls Area 52
Interior
Heating Central Heat
Cooling Central Air Cool
Exterior
Garage 2 Cars Park,Concrete Surface
Building
Story 2
Foundation Slab: Traditional Found
Sewer Public Sewer
Water Public Water
Schools
School District East Baton Rouge
Others
Special Listing Condition As Is