For Sale
$445,000

0 5Units Joe Gayle RdLivingston, LA 70754

Five-unit rental property, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a five-unit mixed-use property situated on a substantial 2.91-acre lot in Livingston, Louisiana, at 5 Units Joe Gayle Rd, zip code 70754. The property comprises four single-wide units and one remodeled double-wide unit, each situated on its own subdivided tract. This convenient arrangement offers significant management efficiencies. The current monthly rental income totals $5,250. The double-wide unit has undergone recent remodeling, enhancing its appeal and rental value. This property presents a compelling investment opportunity due to its existing rental income stream and potential for expansion. A survey and parish approval could allow for the division of additional lots, further increasing the property's value and income potential. An additional lot is also available at the corner of Lobell and Joe Gayle Roads, boasting over 200 feet of road frontage, presenting further development possibilities. The property is being sold as-is. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-performing rental property with significant upside potential in a desirable location. The property's size and layout offer flexibility for future development or expansion. Serious inquiries only.

Highlights

  • Five-unit mixed-use property on a 2.91-acre lot in Livingston, LA (70754).
  • Property consists of four single-wide and one remodeled double-wide unit, each on a separate lot.
  • Generates $5,250 monthly rental income.
  • Potential for additional lot division and development, including an adjacent lot with over 200 feet of road frontage.
  • Sold as-is; do not disturb tenants.

Property Details for 0 5Units Joe Gayle Rd

Property type
Mixed-use properties
Lot Size (sq. ft)
126,760 SF

Location Insight

City
Livingston
County
22063
State
Louisiana
Latitude
30.4305033
Longitude
-90.6891507
5Units Joe Gayle Rd, Livingston, Louisiana

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0 5Units Joe Gayle Rd
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