LA > Covington > Not A Subdivision
Covington, LA 70433,72194 FORMOSA DR
Covington, LA 70433,72194 FORMOSA DR
Covington, LA 70433,72194 FORMOSA DR
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$748,000
Est. payment /mo
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12 Beds
8 Baths
4,828 SqFt
Active Under Contract

72194 FORMOSA DR Covington, LA 70433

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Mike Humphrey

Mike Humphrey

+1(504) 756-3133

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $154

Subdivision Not A Subdivision

MLS Listing ID 2494170

Style Traditional

Bedrooms 12

Full Baths 8

Construction Status Excellent

HOA Y/N No

Year Built 2020

Lot Size 0.853 Acres

Acres 0.8527

Property Sub-Type Quadruplex

Property Description

Fantastic 4-plex (two duplexes) near the heart of Downtown Covington! Three units leased with long-term tenants, and fourth unit vacant and available to show. House hack and owner occupy with an FHA loan and as little as 3.5% down! Or purchase with traditional investment financing and lease out the vacant unit. One duplex (Units 72194/72198) was built in 2020 with one side currently rented and the other vacant for showing. The other duplex (Units 72204/72206) was built in 2023 and is fully leased. Both duplexes have the same floor plans and are 1207 sqft per unit with 3 bedrooms and 2 bathrooms. The duplexes have stained concrete floors for easy maintenance, and an open floor plan main living area, with large closets throughout. Flood Zone C (flood insurance not required)! The back porches on all units overlook the Tammany Trace and provide privacy from each other with partial fencing. Great location as it just 5 minutes to downtown Abita Springs or 5 minutes to downtown Covington. Each unit is furnished with electric stove, microwave, dishwasher, washer/dryer hookups, ceiling fans and blinds. Concrete parking pad for up to 8 vehicles. Private, corner lot with no through traffic. Tenants pay all utilities and maintain their respective lawns. A MUST SEE!!

Location

State LA

County St Tammany

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Fence, Porch

Parking Features Off Street, Parking Lot, Three or more Spaces

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Porch

Building

Lot Description Corner Lot, Irregular Lot, Outside City Limits

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Excellent

Others

Tax ID 128960

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by 1 Percent Lists Gulf South

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agent

Mike Humphrey

Owner, RealMike Partners | License ID: 33194

+1(504) 756-3133

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