Multifamily Portfolio with Immediate Income & Value-Add Potential

For Sale

4767 Bawell St, 414 Jennifer Jean, and 4735 Government St (Unit 201), Baton Rouge, LA 70806

This Baton Rouge property for sale is located at 4767 Bawell St, 414 Jennifer Jean, and 4735 Government St (Unit 201). The general use of Multifamily Portfolio with Immediate Income & Value-Add Potential is multi-family and it incorporates 720 square feet of class C multi-family space. The current listed sale price for Multifamily Portfolio with Immediate Income & Value-Add Potential is $379,900. Multifamily Portfolio with Immediate Income & Value-Add Potential is situated on a lot that is 0.24 acre in size.

Contacts

broker

Perry Musgrow

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Property Size 720 SF
  • Units 1
  • Lot Size 0.24 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class C
  • Date Updated Jul 14, 2024
Block 2, Lot 3Now available for sale, this portfolio is an income-producing, value-add opportunity with properties off of College Dr, Government St, and Burbank Dr. 4767 Bawell St is a ±720 SF single-family rental featuring 2 bedrooms and 1 bathroom. It is currently vacant but was previously at $600/mo. The owner is fully remodeling the restroom and repainting to interior with hopes to have it back on the market mid May at $700/mo. 414 Jennifer Jean is a duplex right outside LSU Campus and off Burbank Dr. One side is 3 bedrooms and 2 baths, the other side is 2 bedrooms and 1 bath. Both units are occupied – one lease ends June 30, 2024 with automatic one year renewal (at $1,000/mo) and the other lease is MTM but has been in place 5+ years (at $700/mo). 4735 Government St, Unit 201 features one apartment condo with 1 bedroom, 1 bath. Current lease expires June 30, 2024 with automatic one year renewal at $850/mo. Association dues for this unit are $250/mo. The 3 properties have the same property management in place (Keyfinders Realty). This property is ideal for investors looking for a project with a clear path to increased value or landlords aiming to expand their rental portfolio with close proximity to major highways and essential amenities.

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Highlights

  • Immediately income producing
  • Value-add opportunity in some of Baton Rouge's most desirable areas
  • Property management is in place (Keyfinders Realty)
  • All properties enjoy excellent proximity to major highways and essential amenities

Attachments

Getting around

  • 48/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood Plantation Trace - College Town
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Citigo

    0.06 miles

  • Valero

    0.21 miles

  • Exxon

    0.95 miles

  • Shell

    1.01 miles

  • Mobil

    1.05 miles

  • Chevron

    1.44 miles

  • Circle K

    1.88 miles

  • Tesla Supercharger

    1.95 miles

  • Mobile

    2.01 miles

  • Green Park

    3.56 miles

  • Lot R

    0.74 miles

  • Student Union Lots

    0.79 miles

  • Lot Q

    0.94 miles

  • Thomas Boyd Lot

    1.04 miles

  • Lot J

    1.05 miles

  • Lot P

    1.07 miles

  • Lot L

    1.20 miles

  • Lot M

    1.23 miles

  • Parking 3A

    2.72 miles

  • Belle of Baton Rouge - Mayflower

    2.87 miles

  • Sonesta ES Suites

    0.32 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    0.36 miles

  • The Cook Hotel

    0.91 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    2.12 miles

  • Radisson Hotel Baton Rouge

    2.22 miles

  • La Quinta Inn Baton Rouge University Area

    2.25 miles

  • Comfort Suites

    2.50 miles

  • Econo Lodge

    2.52 miles

  • Hampton Inn & Suites

    2.61 miles

  • Crowne Plaza Executive Center Baton Rouge

    2.66 miles

  • Walmart Neighborhood Market

    0.91 miles

  • Rouses Market

    1.03 miles

  • Bet-R

    1.91 miles

  • Trader Joe's

    1.94 miles

  • Sprouts Farmers Market

    2.29 miles

  • Walmart Supercenter

    2.31 miles

  • Albertsons

    2.44 miles

  • SoSis Boutique

    3.09 miles

  • Red Stick Farmers Market

    3.28 miles

  • City Square Shopping Center

    4.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Perry Musgrow

ELIFIN®