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Just minutes from campus, this fourplex offers strong rental potential and steady income. The property features three 1BR/1BA units and one 2BR/1BA unit and is currently 75% occupied, providing cash flow with upside potential. The Seller is offering $10,000 toward the Purchaser's closing costs at Act of Sale, adding extra value to this investment opportunity. Each unit includes a refrigerator, range/oven, dishwasher, and microwave. Tenants enjoy on-site laundry with a new washer, individual storage closets, covered parking, and ample guest parking. A gated front courtyard enhances curb appeal and provides a pleasant common outdoor space, while most tenants access the property from the rear parking area. Recent improvements include brand-new interior and exterior HVAC systems (2023), new seamless gutters with a lifetime warranty, and a newly applied white elastomeric 'cool roof system, finished with two coats and backed by a 10-year warranty. Ideal for both seasoned investors and first-time buyers looking to build a portfolio in a desirable location near LSU. Schedule your showing today!
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Parish & County Properties LLC
Agency Phone: 225-635-7700
Agent Name: Michelle Copeland
Shown By
Agency Title: Compass
Agency Phone: (866) 794-1022