N
Seller's Agent in 2024
Nathan McBride
The W Group Real Estate LLC
Estimated Value: $357,000 - $449,000
Investment Property near LSU with Huge Rent Income Potential and Opportunity for Serious Appreciation! Lee & Associates is pleased to present this rare opportunity to acquire a 5-unit multifamily property on a large lot that is so close to LSU. Four apartments measure approximately 614 sqft with the fifth measuring about 766 sqft, and the property also includes a 20x25' metal building in the back, which is currently leased as a studio/workspace. All of the units have hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas and water. With some cleanup, the property boasts enormous potential for rental income (market rents for similar units in the area average $800+/month), making it an excellent opportunity for investors seeking solid returns. Additionally, with development projects being considered nearby, including the ongoing $40+ million project to rehabilitate the LSU Lakes, the prospect for appreciation is significant, making this property even more attractive as a long term investment. This property represents an excellent opportunity to secure a prime location with a tremendous outlook for growth.
Last Agent to Sell the Property
Nathan McBride
The W Group Real Estate LLC License #995712632 Listed on: 02/02/2024
Last Buyer's Agent
Raina DiGiulio Johnson
DiGiulio Properties, LLC License #995683475
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Over The Top Properties Llc | $315,000 | None Listed On Document | |
Dirty 30 Enterprises Llc | $414,000 | -- | |
Struck Craig | $227,000 | -- | |
Whalen Dynamics Corp | $1,099 | -- | |
Gala Investments Llc | $999 | -- | |
Whalen Dynamics Corp | $90,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Struck Craig | $181,600 | |
Previous Owner | Struck Craig | $22,700 |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
03/15/2024 03/15/24 | Sold | -- | -- | -- |
02/21/2024 02/21/24 | Pending | -- | -- | -- |
02/02/2024 02/02/24 | For Sale | $350,000 | -- | $105 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,089 | $43,450 | $1,320 | $42,130 |
2023 | $5,089 | $43,450 | $1,320 | $42,130 |
2022 | $5,188 | $43,450 | $1,320 | $42,130 |
2021 | $5,069 | $43,450 | $1,320 | $42,130 |
2020 | $5,036 | $43,450 | $1,320 | $42,130 |
2019 | $4,784 | $39,500 | $1,200 | $38,300 |
2018 | $4,725 | $39,500 | $1,200 | $38,300 |
2017 | $4,725 | $39,500 | $1,200 | $38,300 |
2016 | $4,608 | $39,500 | $1,200 | $38,300 |
2015 | $4,587 | $39,300 | $1,000 | $38,300 |
2014 | $1,866 | $22,700 | $1,000 | $21,700 |
2013 | -- | $22,700 | $1,000 | $21,700 |
N
Seller's Agent in 2024
Nathan McBride
The W Group Real Estate LLC
R
Buyer's Agent in 2024
Raina DiGiulio Johnson
DiGiulio Properties, LLC
Source: Greater Baton Rouge Association of REALTORS®
MLS Number: 2024001798
APN: 00819778