Description
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
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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3,600SQFT
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$86$/SQFT
Description
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
© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Move Real Estate. Data last updated: 2024-10-05T08:32:07.24. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
Listing provided courtesy of Latter & Blum - Perkins: 225-769-1500 .© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.