4Plex Near LSU for Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30672230
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 3,700 SF
Gross Land Area: 8,145 SF
Sale Price: $250,000
Unit Price: $62,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

This fourplex is at the north gates of LSU on Nicholson Dr. Four units of 2 bedrooms and 1 bath. This is a two story building with entrances on Nicholson Dr. and Violet St. It sits on almost a quarter on an acre with paved parking spaces.

The current owner replaced all windows and partially remodeled the lower units. This would be a great addition to your multifamily portfolio.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Taxing Authority: EBR
Tax ID/APN: 006-1403-3
Zoning: A-4
Airports: BTR
Site Description: Corner lot (0.19 acre) north of LSU campus
Number of Stories: 2
Year Built: 1974
Roof Type: Gable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,612 72,572 153,950
Median Age: 26.54 31.77 32.91
Households: 4,613 30,985 62,668


Photograph of Listing Agent

Miguel A Castro, Jr

Castro Real Estate Services, LLC Baton Rouge, LA 70827
LACDB Member
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