1849 Southpointe Dr

By Owner
BATON ROUGE, LA, 70808
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Property Description

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8 Bedrooms

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8.0 Baths

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4,800 SQ FT

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- Acres

$362,000

Great investment opportunity on 4-plex! Excellent location in 70808 off Perkins and Essen. Currently 3 of 4 units are rented. You can live in the vacant unit or rent it out for additional income. Unit 1: $950 Unit 2: $920 Unit 3: $800 Unit 4: Vacant, expected rent of $950 Monthly income of $3620 with potential to raise rent in unit 3. Over $43K per year income. Owner pays water/sewer/garbage which runs about $375/ month. Flood Zone X. Does not require flood insurance. Roof is 7 years old. Siding is 5 years old. 3 HVAC units are less than a year old. 1 apartment was just renovated with new carpet, doors, trim, paint. Please do not disturb tenants. Make all offers contingent upon inspection. Showing will be scheduled after signed contract.


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