Multifamily Portfolio with Immediate Income & Value-Add Potential

4767 Bawell St, 414 Jennifer Jean, and 4735 Government St (Unit 201), Baton Rouge, LA 70806

  • For Sale $379,900
  • Property Type Multi-Family
  • Property Size 720 SF
  • Units 1
  • Lot Size 0.24 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class C
  • Date Updated Apr 26, 2024
Block 2, Lot 3Now available for sale, this portfolio is an income-producing, value-add opportunity with properties off of College Dr, Government St, and Burbank Dr. 4767 Bawell St is a ±720 SF single-family rental featuring 2 bedrooms and 1 bathroom. It is currently vacant but was previously at $600/mo. The owner is fully remodeling the restroom and repainting to interior with hopes to have it back on the market mid May at $700/mo. 414 Jennifer Jean is a duplex right outside LSU Campus and off Burbank Dr. One side is 3 bedrooms and 2 baths, the other side is 2 bedrooms and 1 bath. Both units are occupied – one lease ends June 30, 2024 with automatic one year renewal (at $1,000/mo) and the other lease is MTM but has been in place 5+ years (at $700/mo). 4735 Government St, Unit 201 features one apartment condo with 1 bedroom, 1 bath. Current lease expires June 30, 2024 with automatic one year renewal at $850/mo. Association dues for this unit are $250/mo. The 3 properties have the same property management in place (Keyfinders Realty). This property is ideal for investors looking for a project with a clear path to increased value or landlords aiming to expand their rental portfolio with close proximity to major highways and essential amenities.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Immediately income producing
  • Value-add opportunity in some of Baton Rouge's most desirable areas
  • Property management is in place (Keyfinders Realty)
  • All properties enjoy excellent proximity to major highways and essential amenities

Contacts

broker

Perry Musgrow

ELIFIN®

(225) 931-0943

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Plantation Trace - College Town
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Murphy Express

    0.91 miles

  • Exxon

    0.95 miles

  • Shell

    1.01 miles

  • Mobil

    1.05 miles

  • Shell

    1.23 miles

  • Chevron

    1.44 miles

  • Circle K

    1.88 miles

  • Tesla Supercharger 1A

    1.95 miles

  • Tesla Supercharger 1B

    1.95 miles

  • Tesla Supercharger 2A

    1.95 miles

  • Lot R

    0.74 miles

  • Student Union Lots

    0.79 miles

  • Lot Q

    0.94 miles

  • Thomas Boyd Lot

    1.04 miles

  • Lot J

    1.05 miles

  • Lot P

    1.07 miles

  • Lot L

    1.20 miles

  • Lot M

    1.23 miles

  • Parking 3A

    2.72 miles

  • East River Center Parking Garage

    3.07 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    0.36 miles

  • The Cook Hotel

    0.91 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    2.12 miles

  • Radisson Hotel Baton Rouge

    2.22 miles

  • La Quinta Inn Baton Rouge University Area

    2.25 miles

  • Comfort Suites

    2.50 miles

  • Econo Lodge

    2.52 miles

  • Hampton Inn & Suites

    2.61 miles

  • Crowne Plaza Executive Center Baton Rouge

    2.66 miles

  • Holiday Inn Baton Rouge College Drive I-10

    2.77 miles

  • Taco Bell

    0.15 miles

  • McDonald's

    0.82 miles

  • Panda Express

    0.83 miles

  • Chick-fil-A

    0.84 miles

  • Chicken Salad Chick

    0.84 miles

  • Smoothie King

    0.84 miles

  • Raising Cane's

    0.94 miles

  • New York Bagel Company

    0.99 miles

  • McDonald's

    0.99 miles

  • Papa John's

    0.99 miles

  • Louisiana State University

    0.77 miles

  • Louisiana School for the Deaf

    1.11 miles

  • Arlington Preparatory Academy School

    1.11 miles

  • Thrive Charter School

    1.21 miles

  • Montessori Childrens House School

    1.24 miles

  • Robert E Lee High School

    1.37 miles

  • University Terrace Elementary School

    1.49 miles

  • McKinley High School

    1.50 miles

  • Trinity Episcopal Day School

    1.53 miles

  • Buchanan Elementary School

    1.60 miles

  • Southside Daycare & Early Learning Center

    2.48 miles

  • Unique Care Learning Center LLC

    3.71 miles

  • The Learning Center

    5.16 miles

  • Creative Kids Fine Arts Academy

    9.98 miles

Frequently Asked Questions

How much does Multifamily Portfolio with Immediate Income & Value-Add Potential cost?

The space currently listed for sale at Multifamily Portfolio with Immediate Income & Value-Add Potential asks for $379,900.

What is the total square footage of Multifamily Portfolio with Immediate Income & Value-Add Potential?

Multifamily Portfolio with Immediate Income & Value-Add Potential totals 720 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Perry Musgrow

ELIFIN®

(225) 931-0943