Multifamily Apartments in the Garden District

Multi-Family for Sale
Catylist Listing ID: 30589682
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Student Housing, Other
Number of Units: 4 Units
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $449,000
Unit Price: $112,250 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 5/20/2020

Overview / Comments

With a great location in the Garden District and just a few blocks from Government Street in Mid City this multifamily property has strong rental appeal. It is located in a historically strong rental market near the corner of Rittiner Dr and Myrtle Ave.

The building has completely updated kitchens in all units and is currently 75% occupied. It is two stories and ±3,600 SF in total size. All units are 2 bed / 1 bath and there is ample parking for tenants in the rear limestone parking lot.

• Newly updated kitchens in each unit
• Strong rental market in Garden District
• 75% Occupied
• All units 2 bed / 1 bath

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Tax ID/APN: 007-7318-2
Zoning: A1
Percent Occupied: 75%
Area Description: Located in the Garden District in the Rittiner Terrace subdivision. Near the corner of Rittiner Dr and Myrtle Ave.
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,892 93,809 190,672
Median Age: 36.53 32.62 33.77
Households: 7,779 39,461 78,016

Contact

Photograph of Listing Agent

Mark R Segalla

Elifin Realty Baton Rouge, LA 70801
LACDB Member
Photograph of Listing Agent

Mathew J Laborde

Elifin Realty Baton Rouge, LA 70801
LACDB Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.