Income Producing Four-Plex for Sale

Multi-Family for Sale
Catylist Listing ID: 30174549
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 5,040 SF
Sale Price: $195,000
Unit Price: $48,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/20/2017

Overview / Comments

Stable investment property with Established Tenants. Some have been here for a very long time. Each unit pays $850 per month. All units have 8' ceilings. New Granite slab kitchen countertops, new kitchen appliances and new central air conditioning units. Separate central HVAC unit for each rental. New wooden fencing along the rear of the building. The subject consists of four, 3BR units. Located on Sherwood Forest Blvd. RE taxes = $2019.91

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Tax ID/APN: 3266001
Property Located Between: Sherwood & Florida
Property Condition: Average
Number of Stories: 2
Year Built: 1980
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,540 80,245 191,660
Median Age: 31.05 35.92 35.78
Households: 4,351 31,121 76,744
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