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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $89
Subdivision University Manor
MLS Listing ID 2024011523
Sold Date 06/17/24
Lot Size 10,890 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to this exceptional 4-plex located on Nicholson Drive in the lively city of Baton Rouge! This well-cared-for property presents an outstanding investment opportunity with impressive rental income. With all four units currently occupied, it generates $4,100 per month. Three of the units have recently been updated. This unique gem is ideally situated near LSU, downtown Baton Rouge, and essential amenities, making it very appealing to tenants. A notable feature of these four spacious units is that each has two bedrooms and one and a half bathrooms, and they are located in flood zone X.
Location
State LA
County East Baton Rouge
Direction Off Lee and Nicholson South of East Boyd
Interior
Heating Central
Cooling Central Air
Appliance Electric Cooktop, Range/Oven, Refrigerator
Exterior
Garage Spaces 8.0
Private Pool false
Building
Story 2
Foundation Slab
Sewer Comm. Sewer
Water Comm. Water
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition As Is
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Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747