5407 Nicholson Dr, Baton Rouge, LA 70820 - MLS#2024022647

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CJ Brown REALTORS

customercare@searchbatonrougere.com +1(866) 794-1022

$423,899

Est. payment - /mo

4,000 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $105

Subdivision Brightside Commons

MLS Listing ID 2024022647

HOA Y/N true

Lot Size 10,890 Sqft

Property Sub-Type Quadruplex

Property Description

DOWNPAYMENT GRANTS ARE AVAILABLE! Investor's Goldmine – Fully Rented 4-Unit Property Near Tiger Stadium! Located at 5407 Nicholson Drive, Baton Rouge, LA 70820, this 4-unit multifamily property is a rare find for savvy investors. Boasting a monthly rental income of $3,950, this property is already at full occupancy, making it a turnkey cash cow ready to generate returns from day one. Why This Property Stands Out Prime Location: Just minutes from LSU and the iconic Tiger Stadium, this property is perfectly situated to attract students, professionals, and sports fans. It's also conveniently located near major bus lines for easy commuting and just a short drive to Baton Rouge's popular shopping destinations, including the Mall of Louisiana. Renovated and Updated: All four units have been recently upgraded with modern finishes, including fresh paint, durable flooring, and updated kitchens featuring sleek countertops and appliances. These updates ensure tenant satisfaction and low vacancy rates. Spacious Layouts: Each unit features 2 generously sized bedrooms and 1.5 bathrooms, offering tenants the space and comfort they desire. The open living areas and functional designs make these units highly desirable. Investment Highlights Strong Rental Income: Generating $3,950 monthly in rental income, this property provides an excellent return on investment. Proximity to Attractions: The property's location near LSU and Tiger Stadium ensures a steady pool of potential renters. Plus, with shopping, dining, and entertainment options nearby, tenants have everything they need within reach. Low Maintenance: With recent renovations, this property is positioned to require minimal upkeep, allowing you to focus on maximizing your investment. High Demand Area: Properties in this area are consistently in demand, making it an ideal long-term investment opportunity. This is a rare opportunity to own a fully rented, income-generating property in one of Baton Rouge's most desirable locations.

Location

State LA

Parish East Baton Rouge

Interior

Heating Central

Cooling Central Air

Appliance Dryer, Microwave, Range/Oven, Refrigerator

Exterior

Garage Spaces 4.0

Private Pool false

Building

Story 2

Foundation Slab:Post Tension Found

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, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition As Is

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Listed by Plain & Associates LLC

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Customer Care

+1(866) 794-1022

Broker | License ID: 23wee-234444

Broker License ID: 23wee-234444

5407 Nicholson Dr Baton Rouge, LA 70820

Customer Care

Key Details

Location

Interior

Exterior

Building

Schools

Others

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