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$ 325,000
Est. payment /mo
Active
4271 W Brookstown Dr Baton Rouge, LA 70805
5,176 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,176 sqft
Price per Sqft $62
Subdivision Fairview Acres
MLS Listing ID 2025007344
Lot Size 0.360 Acres
Property Sub-Type Apt Complex (5+ Units)
Property Description
Don't miss this investment opportunity in Baton Rouge! This fully renovated 9 unit apartment complex features a mix of 5 spacious two bedroom units, 3 modern studio units, and 1 one bedroom unit – all updated in 2021 with new paint, drywall, stylish laminate flooring, upgraded fixtures, and new appliances. A new roof was also installed in 2021, offering peace of mind for years to come. Currently Section 8 approved, this has a potential gross income of $6,800/month, delivering an impressive 25.5% annual return on investment at full occupancy. Conveniently located on a bus route for easy tenant commuting, and just steps away from a washateria at the corner of the street. An additional concrete slab on-site offers the exciting potential to develop up to 8 more units. Whether you're expanding your portfolio or diving into your first multi-family venture, this property checks all the boxes. Schedule your private showing today!
Location
State LA
County East Baton Rouge
Direction PRESCOTT TO W BROOKSTOWN
Interior
Heating None
Cooling None
Flooring Vinyl:Tile Floor
Appliance Electric Cooktop, Refrigerator
Exterior
Garage Spaces 16.0
Fence None
Roof Type Composition
Private Pool false
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition As Is
Listed by Keller Williams Realty-First Choice
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