Railroad St Kinder, LA 70648

Property Details for Railroad St

Lot size

0.24 lot acres

Property size

9,645 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully occupied, five-unit multifamily property located at E Railroad Street Unit 305, Kinder, Louisiana. The property sits on a 0.24-acre lot and boasts a substantial 9,645 square feet of living space. The complex is comprised of a well-balanced mix of units designed to attract a diverse tenant base: two one-bedroom units and three two-bedroom units. This configuration ensures consistent occupancy and a steady stream of rental income. The current occupancy status guarantees immediate cash flow for the new owner, minimizing vacancy periods and maximizing return on investment. The property's location in Kinder, LA offers a stable market with consistent demand for rental units, promising long-term growth potential and a secure investment. This is an ideal acquisition for investors seeking a proven income-generating asset with minimal management requirements. The property's size and unit configuration provide a solid foundation for future appreciation and potential expansion. This is a rare opportunity to acquire a turnkey investment property in a desirable location. The asking price is $299,900. Serious inquiries only.

Location Insight

City

Kinder

County

Allen

State

Louisiana

Longitude

-92.8473

Latitude

30.4872