8223-25 KEEL AVE, Baton Rouge, LA 70820
8223-25 KEEL AVE, Baton Rouge, LA 70820
8223-25 KEEL AVE, Baton Rouge, LA 70820
8223-25 KEEL AVE, Baton Rouge, LA 70820
8223-25 KEEL AVE, Baton Rouge, LA 70820
8223-25 KEEL AVE, Baton Rouge, LA 70820
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Listed byKeller Williams Realty Premier Partners • L Brittiny Howard • 225-664-1911

$169,500

$183,000

7.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 01/24/2025

Key Details

Sold Price $169,500

Property Type Other Types

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Riverland

MLS Listing ID 2024017144

Sold Date 01/24/25

HOA Y/N No

Year Built 1981

Acres 0.18

Lot Dimensions 58x137

Property Sub-Type Duplex

Source ROAM MLS

Property Description

**Investment Opportunity: Fully Occupied Duplex in Baton Rouge, LA** Unlock steady cash flow with this fully tenant-occupied duplex, offering an impressive 11.62% cap rate. Situated in Flood Zone X, this property presents an ideal opportunity for house hacking, starting a real estate portfolio, or adding to an established one. Both units are currently rented to long-term tenants on month-to-month leases, with Section 8 potential available. Please respect tenant privacy; personal viewings will be scheduled post-contract execution. Rent roll for the previous year and last month's data available upon request. **Prime Features:** - 11.62% cap rate - Flood Zone X (no mandatory flood insurance) - Ideal for house hacking or portfolio building - Section 8 potential - Long-term tenants, month-to-month leases * **Disclaimer:** The cap rate provided is based on current financial information and market conditions and is for illustrative purposes only. It is not a guarantee of future performance. Buyers are advised to conduct their own independent analysis and due diligence, including reviewing all financial documents and market conditions, to verify the accuracy of the provided figures. Neither the seller nor the listing agent shall be held liable for any discrepancies or differences in the actual cap rate or property performance post-purchase.

Location

State LA

County East Baton Rouge

Community Riverland

Area 0.18

Direction Nicholson to Gardere, left on Ned, left on Mariner, right on Keel

Interior

Cooling Central Air

Fireplace No

Exterior

Garage Spaces 4.0

Total Parking Spaces 4

Garage No

Building

Foundation Slab

Water Public

New Construction No

Others

Tax ID 38431

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ROAM MLS

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Richard Spears Jr

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16573 Airline Hwy, Prairieville, LA 70769-3431, USA

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