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: 1/16/2021

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

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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


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
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