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$ 255,000
Est. payment | /mo
3,750 SqFt
$ 255,000
Est. payment | /mo
3,750 SqFt
Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $68
Subdivision North Baton Rouge
MLS Listing ID 2026007876
Lot Size 4,791 Sqft
Property Sub-Type Apt Complex (5+ Units)
Property Description
Investment opportunity near Southern University! 8-unit multifamily property featuring all 1-bedroom, 1-bath units (approximately 468 sq ft each). Property needs renovations and offers strong value-add potential. Excellent opportunity for possible student housing or rental income expansion in a high-demand area near campus. Great upside for renovation and repositioning. Includes parcels 1200003 and 1200011. The buildings are currently boarded, and the seller will need to pay to have them unboarded, so serious buyers only. An appraisal is included in the documents section for buyer review. Seller is motivated but will not consider low or unrealistic offers. Interior access will be granted after an accepted offer, contingent upon inspection, along with submission of proof of funds or a bank pre-approval letter for a construction/renovation loan.
Location
State LA
County East Baton Rouge
Interior
Heating None
Cooling None
Appliance Electric Cooktop
Exterior
Garage Spaces 16.0
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Listed by Keller Williams Realty Red Stick Partners
GET MORE INFORMATION
Richard Spears Jr
Broker / Owner | License ID: 995719165
+1(225) 575-7189 | richard@primeproperties225.com