Investor’s Goldmine – Fully Rented 4-Unit Property Near LSU & Tiger Stadium! Located at 5407 Nicholson Drive, Baton Rouge, LA 70820, this 4-unit multifamily property is a rare find for savvy investors. Boasting a monthly rental income of $3,950, this property is already at full occupancy, making it a turnkey cash cow ready to generate returns from day one. Why This Property Stands Out Prime Location: Just minutes from LSU and the iconic Tiger Stadium, this property is perfectly situated to attract students, professionals, and sports fans. It's also conveniently located near major bus lines for easy commuting and just a short drive to Baton Rouge’s popular shopping destinations, including the Mall of Louisiana. Renovated and Updated: All four units have been recently upgraded with modern finishes, including fresh paint, durable flooring, and updated kitchens featuring sleek countertops and appliances. These updates ensure tenant satisfaction and low vacancy rates. Spacious Layouts: Each unit features 2 generously sized bedrooms and 1.5 bathrooms, offering tenants the space and comfort they desire. The open living areas and functional designs make these units highly desirable. Investment Highlights Strong Rental Income: Generating $3,950 monthly in rental income, this property provides an excellent return on investment. Proximity to Attractions: The property’s location near LSU and Tiger Stadium ensures a steady pool of potential renters. Plus, with shopping, dining, and entertainment options nearby, tenants have everything they need within reach. Low Maintenance: With recent renovations, this property is positioned to require minimal upkeep, allowing you to focus on maximizing your investment. High Demand Area: Properties in this area are consistently in demand, making it an ideal long-term investment opportunity. This is a rare opportunity to own a fully rented, income-generating property in one of Baton Rouge’s most desirable locations.
Great opportunity to start your rental portfolio or add to it! This fourplex has three 1 bed/1 bath units, and 1 2 bed/1 bath unit. Unit 3 is currently vacant and has been completely remodeled as seen in the photos. The next owner could buy this as a House Hack and live for free or cheaply, or look to get it rented out at a higher rate (currently Unit 3 is up for rent at $900's a month). The fourplex also contains a communal washer/dryer set up that brings in approximately $175 quarterly in additional income. Unit 3, while vacant, is available for viewing. The other units will be available upon receipt of an accepted purchase agreement.
Awesome opportunity! Fully Occupied and Managed 4-Plex. Each unit is a 2 bedroom, 1.5 Bathroom Townhome style apartment with its own private backyard. Individually metered, doesn't require flood insurance, and a newer roof all make this an attractive investment to park your capital in. Walk ability is high here with a nearby BREC park offering tons of space for playground use, athletics, and a community garden! Call for Details.
Rare LSU rental portfolio. Consists of 6 4 bed 3.5 bath condo units in Jessica's landing. Units are all identical floor plans. Large units with a one car garage and ground floor master, main living area, kitchen, and have bath on mid level, and additional beds and two baths on top level. total monthly rent is $10,850. Units stay rented with almost no vacancy.
WHY PAY RENT!!!!! GATED ENTRANCE!!! Freshly painted and Pristine Clean Condo, Perfect for that College Student Unit has 2 bedrooms; 2 bathrooms, large open living and dining area. Inside washer/dryer hookups, so that college student won't bring home all the dirty laundry to wash! Located at rear of complete for owner privacy and eliminates all the condo traffic noise. Grounds are very well kept with gated and video monitored entrance. Short walk to LSU bus stop. Vacant and ready for move in.
Pristine Duplex for sale. Both sides offer 4 spacious bedrooms, 4 baths, large living and dining area with bar opening to the kitchen. Building has been meticulously maintained, new roof installed a year ago, tile in all common areas, carpet in bedrooms, fenced in back yard with patio area. Tile kitchen countertops. Private parking lot with 10 parking spots. Units are rented as a whole but have the ability to rent per room, each bedroom has an en suite bath. Tenants pay their own utilities! No HOA dues! Building is fully occupied, please do not disturb tenants. Near LSU with bus routes.
Pristine Duplex for sale. Both sides offer 4 spacious bedrooms, 4 baths, large living and dining area with bar opening to the kitchen. Building has been meticulously maintained, new roof installed a year ago, tile flooring in all common areas, carpet in bedrooms, fenced in back yard with patio area. Tile kitchen countertops. Private parking lot with 10 parking spots. Units are rented as a whole but have the ability to rent per room, each bedroom has an en suite bath. Tenants pay their own utilities! No HOA dues! Please do not disturb tenants. Close to LSU bus routes.
CALLING Investors-VALUE ADD!... only a few units rented so you can collect monthly payments as you renovate.
Incredible investment opportunity! This 4-plex is located just minutes from the LSU campus and currently boasts 100% occupancy. It features three 1BR/1BA units and one 2BR/1BA unit. Each unit comes equipped with a range/oven, dishwasher, and refrigerator. The common area includes a storage closet for each unit and access to a washer and dryer for tenant convenience. Each unit has covered parking, plus there’s ample visitor parking available. All 4 A/C units inside and out NEW in 2023. NEW seamless gutters with lifetime warranty. This property can be sold individually or as part of a Package sale, which includes: 2024017797-9454-9456 EL SCOTT AVE, 2024017807-566 S FLANNERY RD
We are pleased to offer the exclusive opportunity to investors to acquire 12 multifamily units in a growing area of South Baton Rouge. This offering presents a unique investment opportunity that caters to seasoned investors with other properties in the area or first-time investors looking to start their multifamily empire. This is one of three well-maintained fourplexes with two of the properties located right next door to each other with the third located one street over. Each unit is a 2 Bedroom 2 Bath unit with washer/dryer connections in all units. • Ceramic tile flooring • All the roofs have been replaced in the past two years with two having roof warranties • Located in flood zone X and did NOT flood in August 2016 • All units feature spacious, split floor plans • Durable finishes • All units are individually metered for all utilities. Tenants are responsible for all utilities except for trash services. It was recently implemented in the neighborhood that all four plex buildings are required to have their own dumpster. This could be another revenue source for the next owner to implement trash services reimbursements to the Tenants • Currently professionally managed by Riverland Properties
We are pleased to offer the exclusive opportunity to investors to acquire 12 multifamily units in a growing area of South Baton Rouge. This offering presents a unique investment opportunity that caters to seasoned investors with other properties in the area or first-time investors looking to start their multifamily empire. This is one of three well-maintained fourplexes with two of the properties located right next door to each other with the third located one street over. Each unit is a 2 Bedroom 2 Bath unit with washer/dryer connections in all units. • Ceramic tile flooring • All the roofs have been replaced in the past two years with two having roof warranties • Located in flood zone X and did NOT flood in August 2016 • All units feature spacious, split floor plans • Durable finishes • All units are individually metered for all utilities. Tenants are responsible for all utilities except for trash services. It was recently implemented in the neighborhood that all four plex buildings are required to have their own dumpster. This could be another revenue source for the next owner to implement trash services reimbursements to the Tenants • Currently professionally managed by Riverland Properties
We are pleased to offer the exclusive opportunity to investors to acquire 12 multifamily units in a growing area of South Baton Rouge. This offering presents a unique investment opportunity that caters to seasoned investors with other properties in the area or first-time investors looking to start their multifamily empire. This is one of three well-maintained fourplexes with two of the properties located right next door to each other with the third located one street over. Each unit is a 2 Bedroom 2 Bath unit with washer/dryer connections in all units. • Ceramic tile flooring • All the roofs have been replaced in the past two years with two having roof warranties • Located in flood zone X and did NOT flood in August 2016 • All units feature spacious, split floor plans • Durable finishes • All units are individually metered for all utilities. Tenants are responsible for all utilities except for trash services. It was recently implemented in the neighborhood that all four plex buildings are required to have their own dumpster. This could be another revenue source for the next owner to implement trash services reimbursements to the Tenants • Currently professionally managed by Riverland Properties
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 24 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. Please note that there are two 12-unit buildings located on this property and one building with 12 units is being sold. 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.
GREAT 4 PLEX GOOD RENTAL HISTORY GREAT FOR INVESTORS OR THAT PERSON WHO WANTS TO LIVE IN ONE UNIT AND RENT ONE OUT. POTENTIAL TO CONDO AND SELL INDIVIDUAL. Fourplex building is part of Brightside Manor HOA. Some buildings have been sold as individual condominium units. The building is being sold. $275/ month hoa fee covers the grounds and trash. The owner pays the water bill and insurance. Tenants pay their own electricity. Unit A leased for $900 a month, unit C leased for $800. Welcome to this meticulously maintained condo, offering a harmonious combination of comfort and convenience, just moments away from LSU. Upon entering, you'll be greeted by the inviting ambiance of wood laminate floors and a stylishly designed kitchen.
12 unit condo complex for sale. 3 building 4 units each for a total of 12 units. Located off of Brightside near LSU on CATS bus route. Well maintained and 100% occupancy No flood zone Tenants pay all utilities NO OWNER FINANCE PLEASE DO NOT DISTURB TENANTS
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 70820 has a population of 225,539. Baton Rouge 70820 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 70820 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 70820 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.