8220 NED AVE Active Save Request In-Person Tour Request Virtual Tour
Baton Rouge,LA 70820
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,692 sqft
Price per Sqft $83
MLS Listing ID 2024017529
Lot Size 7,840 Sqft
Property 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
Location
State LA
Parish East Baton Rouge
Area Ebr Mls Area 52
Schools
School District East Baton Rouge