This Stabilized 24 Unit Apartment Complex is located just 15 minutes from Downtown Baton Rouge and LSU. Pro Forma Gross Rents projected to total of $210k annually. Pro forma NOI is $115k annually. Large Amazon facility with up to 1,000 jobs just opened 2 miles from property. T-12 and Rent Rolls available upon request.
CUTE COTTAGE on CLAYCUT sitting on almost 1 ACRE LOT with SEPARATE APARTMENT & workshop!!! The Main Home is charming 3 Bedroom 1 Bath. UPDATED Kitchen features QUARTZ countertops and island, stainless appliances including Thermador GAS COOKTOP and lots of custom cabinets! Beautiful WOOD FLOORS throughout Living Room, Dining Room, Office, Hallway and both Bedrooms. UPDATED Bathroom has CUSTOM WALK-IN SHOWER with frameless door and 12X24 tiles. The Separate Apartment (has been used as AirBNB) is 1 Bedroom 1 Bath with FULL KITCHEN, Living/Dining Room & Laundry Room - ADORABLE!! Additional storage room with ½ bath, workshop and separate storage building. Beautiful piece of property loaded with fruit trees, KOI POND and COVERED OUTDOOR LIVING SPACE. 3rd Bedroom makes a great office. Main House electrical UPDATED 2012. Truly a One of a Kind!!!
Lee & Associates is pleased to present this opportunity to acquire a 4-unit multifamily property located in the Garden District neighborhood in Mid City Baton Rouge. Each apartment measures approximately 918 square feet and contains two bedrooms and a single bathroom. All of the apartments are two floors, with the living room, dining room and kitchen on the lower floor and bedrooms and bathroom upstairs. All of the units boast hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas and water. Current rents range from $900 to $950 per month. Rental income potential is huge for this building (market rents for similar units in the area average $1,100/month - $4,400/month total), making it an excellent opportunity for investors seeking solid returns. The Garden District has historically maintained high property values and rental demand, and it represents an extremely stable area for investors seeking long-term value through appreciation. With the new construction occurring just blocks to the north, this property represents an excellent opportunity to secure a prime location with a tremendous outlook for growth in property values.
Lee & Associates is pleased to present this opportunity to acquire a 4-unit multifamily property located in the Garden District neighborhood in Mid City Baton Rouge. Each apartment measures approximately 918 square feet and contains two bedrooms and a single bathroom. All of the apartments are two floors, with the living room, dining room and kitchen on the lower floor and bedrooms and bathroom upstairs. All of the units boast hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas and water. Current rents range from $900 to $950 per month. Rental income potential is huge for this building (market rents for similar units in the area average $1,100/month - $4,400/month total), making it an excellent opportunity for investors seeking solid returns. While it is in serviceable condition, this building will require foundation repair at some point in the future and is priced accordingly. This property includes an enormous back yard, providing flexibility for potential future uses of the lot. The Garden District has historically maintained high property values and rental demand, and it represents an extremely stable area for investors seeking long-term value through appreciation. With the new construction occurring just blocks to the north, this property represents an excellent opportunity to secure a prime location with a tremendous outlook for growth in property values.
Two newly constructed Duplexes with 2 townhouse style apartments in each building. Being that these properties were built on a C-1 Lot there are multiple commercial uses in this zoning district. Convenient to The Community College, Mid-city Restaurants bars and art shops along Government St. On the route for the Mid City Mardi Gras parade.
**Owner/Agent** Fully renovated in 2016 with tenants who pay on time! Unit A is a 1 bedroom 1 bath with a living room, kitchen with dining area, bedroom with ensuite bath and a washer/dryer nook. Large pantry and two other closets including a walk in off the bathroom for storage. There's a wrap around porch to Unit B which is a 2 bedroom 1 bathroom with a living room dining room combo, kitchen, each bedroom has a nice sized closet, spacious bathroom and washer/dryer nook. Each unit has their own 2 parking spots. The reno in 2016 was a full gut enhanced by restoring some of the interior and exterior elements of character. The roof, HVAC units, plumbing lines, electrical wiring, ceramic tile floors, bathroom finishes, lighting fixtures, granite countertops, and appliances were replaced. Each unit comes with a stainless steel fridge, dishwasher, range and microwave (included in sale). Washer/dryers belong to tenants. Unit A is currently vacant but we are advertising the unit at $1000 per month and Unit B pays $1128 per month. They both pay their own electrical but LL pays water with tenants reimbursing in arrears. Comes out to around $50/month for the water bill which tenants split 50/50 and add onto the next month's rental payments. Our leases auto renew year to year with Unit B's renewal on Jan 31st. Low maintenance exterior and respectful neighbors.
Calling ALL investors!! LOCATION LOCATION LOCATION. Adorable duplex located in the heart of the city! This duplex features 2 bedrooms and 1 bath in each unit!! Duplex features a backyard with detached garage. Great investment!! Minutes from LSU and all the action on Government Street. Call today for more details.
The median home value in Baton Rouge, LA is $167,000. This is lower than the county median home value of $170,300. The national median home value is $219,700. The average price of homes sold in Baton Rouge, LA is $167,000. Approximately 41.82% of Baton Rouge homes are owned, compared to 43.36% rented, while 14.82% are vacant. Baton Rouge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baton Rouge real estate agent to arrange a tour today!
Baton Rouge, Louisiana 70806 has a population of 227,549. Baton Rouge 70806 is less family-centric than the surrounding county with 24.04% of the households containing married families with children. The county average for households married with children is 25.25%.
The median household income in Baton Rouge, Louisiana 70806 is $40,948. The median household income for the surrounding county is $51,436 compared to the national median of $57,652. The median age of people living in Baton Rouge 70806 is 31.1 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 62.2 inches per year, with 0.1 inches of snow per year.