For Sale
$120,000

235 20Th StBaton Rouge, LA 70806

High-yield multifamily investment opportunity in Baton Rouge.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 8-unit apartment building presents a compelling investment opportunity in Baton Rouge, Louisiana. Located at 235 S 20th St, this property boasts a total of 5,652 square feet situated on a 0.17-acre lot. The complex comprises two buildings: a four-plex featuring four two-bedroom apartments totaling 3,672 square feet, and a second four-plex with four one-bedroom apartments encompassing 1,980 square feet. Currently, three of the eight units are occupied. The property is zoned A 3.1, offering potential for future development or expansion. The asking price for this multifamily investment is $120,000, presenting a strong return potential for savvy investors. The property's location in Baton Rouge, within East Baton Rouge Parish, and its convenient address provide easy access to local amenities and transportation. This is an ideal opportunity to acquire a well-positioned multifamily property in a growing market. The existing occupancy provides immediate cash flow, while the vacant units offer the potential for increased rental income. This property is offered as-is.

Highlights

  • $120,000 asking price.
  • Eight-unit multifamily apartment building.
  • 5,652 square feet.
  • Located at 235 S 20th St, Baton Rouge, LA 70806, on a 0.17-acre lot.
  • A 3.1 zoning designation.

Property Details for 235 20Th St

Property type
Apartment buildings
Square Feet
5,652 SF
Lot Size (sq. ft)
7,405 SF
Units
8

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4463336
Longitude
-91.167843
235 20Th St, Baton Rouge, Louisiana

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235 20Th St
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