You can not beat this great investment! 4-plex in the center of Baton Rouge ON A LAKE! The 4-plex next door is also available for a total of 8 units (1437 Lake Calais), FULLY OCCUPIED AND the tenant pays ALL of their own utilities. Ceramic tile in all of the downstairs and mostly brick, siding for low maintenance. Nice size units with 2 Bedrooms, 2 and a half baths. 1 unit is renovated with granite Countertops and Vinyl floorings in bedrooms. Washer & Dryer Hookup inside each unit. ALL 4 units $3,420 or higher a month, $380 a month on Insurances. Easy to rent!!
This is a portfolio sale of 3 properties, totaling 4 units. The property addresses are 4767 Bawell Street, 414 Jennifer Jean Drive, and 4735 Government Street Unit 201. 4767 Bawell St is a ±720 SF single-family rental featuring 2 bedrooms and 1 bathroom. It is currently vacant but was previously at $600/mo. The owner is fully remodeling the restroom and repainting to interior with hopes to have it back on the market mid May at $700/mo. 414 Jennifer Jean is a duplex right outside LSU Campus and off Burbank Dr. One side is 3 bedrooms and 2 baths, the other side is 2 bedrooms and 1 bath. Both units are occupied – one lease ends June 30, 2024 with automatic one year renewal (at $1,000/mo) and the other lease is MTM but has been in place 5+ years (at $700/mo). 4735 Government St, Unit 201 features one apartment condo with 1 bedroom, 1 bath. Current lease expires June 30, 2024 with automatic one year renewal at $850/mo. Association dues for this unit are $250/mo. The 3 properties have the same property management in place.
The median home value in Baton Rouge, LA is $200,900. This is lower than the county median home value of $206,600. The national median home value is $338,100. The average price of homes sold in Baton Rouge, LA is $200,900. Approximately 40.11% of Baton Rouge homes are owned, compared to 41.78% rented, while 18.12% 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 70808 has a population of 225,539. Baton Rouge 70808 is less family-centric than the surrounding county with 18.71% of the households containing married families with children. The county average for households married with children is 24.88%.
The median household income in Baton Rouge, Louisiana 70808 is $46,282. The median household income for the surrounding county is $58,167 compared to the national median of $69,021. The median age of people living in Baton Rouge 70808 is 32.1 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 39.9 degrees. The average rainfall is approximately 62.8 inches per year, with 0.1 inches of snow per year.