For Sale
$150,000

4324/4326 Kerrit Dr Baton Rouge, LA 70814

Two-unit apartment building, renovated 2021.

Overview

Added:
Dec 11, 2024
Days on market:
138
This attractive Baton Rouge investment opportunity presents a two-unit apartment building located at 4324/4326 Kerrit Dr, Baton Rouge, LA 70814. The property boasts a total of 1,680 square feet, with each unit featuring two bedrooms and one bathroom. Both units are currently rented, generating consistent income. One tenant is enrolled in a federal 40-year rental assistance program, guaranteeing rent payments and partial coverage during vacancies. This program is transferable to a new owner, offering financial security and flexibility. The property includes eight parking spaces. The building underwent renovations in 2021. Tenants are responsible for their own water and electricity. The asking price is $150,000, translating to a price per square foot of $94.94. Further details on the rental assistance program are available in the provided documentation. Showings are by appointment only. The property's APN is 69. This is a turnkey investment opportunity with strong rental income and potential for future growth.

Highlights

  • $150,000 asking price for this Baton Rouge, LA multifamily property.
  • Two-unit apartment building totaling 1,680 square feet.
  • Excellent price per square foot at $94.94.
  • Renovated in 2021.
  • Eight parking spaces available.
  • Both units currently rented; one tenant under a federal rental assistance program.

Property Details for 4324/4326 Kerrit Dr

Property type
Apartment buildings
Square Feet
1,680 SF
Year Renovated
2021
Buildings
1
Units
2

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4907015
Longitude
-91.0870018

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, renovated 2021.
Where is the apartment building located?
The property is located at 4324/4326 Kerrit Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: $150,000 asking price for this Baton Rouge, LA multifamily property.; Two-unit apartment building totaling 1,680 square feet.; Excellent price per square foot at $94.94.
How can I contact the broker?
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4324/4326 Kerrit Dr
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