$399,000
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2,750 SqFt
SOLD DATE : 11/13/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,750 sqft
Price per Sqft $145
Subdivision Devall Town
MLS Listing ID 2023018685
Lot Size 3,920 Sqft
Property Sub-Type Quadruplex
Property Description
Beautiful 4-Unit Apartment Building in the Heart of Downtown Baton Rouge Welcome to 420 North 6th Street, Baton Rouge, LA 70802 - a fantastic investment opportunity in the heart of downtown! This charming four-unit apartment building offers spacious 1-bedroom, 1-bath units with a comfortable 648 square feet of living space in each. Whether you're an experienced investor or just getting started in real estate, this property is a gem you won't want to miss. Property Details: Address: 420 North 6th Street, Baton Rouge, LA 70802 Property Type: Multi-Family Number of Units: 4 Unit Type: 1 Bedroom, 1 Bath Square Footage per Unit: 648 sq ft Features and Upgrades: Prime Location: Situated in the heart of downtown Baton Rouge, this property is in a highly sought-after area, making it an ideal investment. Roof Repaired: The roof was professionally repaired within the last 3 years, ensuring long-term stability and peace of mind for the new owner. Cosmetic Upgrades: The units received cosmetic upgrades just 3 years ago, enhancing their overall appeal and functionality. Freshly Painted Exterior: The building's exterior has been freshly painted, adding to its curb appeal. Investment Opportunities: Strong Rental Income: Currently, all four units are leased between $800-$900, providing immediate income for the new owner. Rental Upside Potential: With the potential addition of central air and new appliances, these units have the potential to lease for approximately $1,000 each, significantly increasing your return on investment. Local Amenities: Located in the heart of downtown, residents have easy access to shopping, dining, entertainment, and employment opportunities. Close to public transportation, major highways, and universities, making it attractive to potential renters. Don't miss your chance to own this turnkey property in a thriving community. With a solid rental history and its prime location, this 4-unit apartment building is a valuable addition to your portfolio.
Location
State LA
County East Baton Rouge
Interior
Heating Wall Furnace
Cooling Wall Unit(s), Window Unit(s)
Exterior
Garage Spaces 3.0
Building
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, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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