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Listed byPlain & Associates LLC • Kendall Plain • 225-571-5958
$425,000
Est. payment /mo
8 Beds
8 Baths
4,000 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $106
MLS Listing ID 2539837
Style Traditional
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1980
Lot Dimensions Unk
Property Sub-Type Quadruplex
Source ROAM MLS
Land Area 4000
Property Description
5407 Nicholson Drive – Baton Rouge, LAFourplex located on Nicholson Drive with access to Louisiana State University and minutes to world-renowned Tiger Stadium and surrounding restaurants. This fully leased, income-producing property provides immediate rental income with tenants already in place.This property brings in over $4000 per month in income. Each unit is occupied under leases, offering consistent cash flow from day one. The location supports steady rental demand for student and workforce housing.This property presents an opportunity to acquire multifamily real estate with existing income in a well-established rental corridor. Buyers may qualify for down payment assistance or grant programs, subject to lender guidelines.Property Features:Four-unit multifamily propertyFully rented with leasesMinutes to Tiger Stadium and dining optionsAccess to campus, public transportation, and major roadwaysDown payment grants may be available for qualified buyersAn income-producing property with tenants already in place and immediate revenue.
Location
State LA
County East Baton Rouge
Interior
Cooling Central Air
Fireplace No
Exterior
Garage Spaces 3.0
Utilities Available Natural Gas Available
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Foundation Slab
Water Public
Architectural Style Traditional
New Construction No
Others
Tax ID Unk
Virtual Tour https://www.propertypanorama.com/instaview/roam/2539837
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