4324/4326 Kerrit Dr Baton Rouge, LA 70814
- Apartment buildings
- 1,680 SF
Current Use by Public Records
- Apartment buildings
Property Details for 4324/4326 Kerrit Dr
- Property size
- 1,680 SF
- Property type
- Apartment buildings
Description
This attractive Baton Rouge investment opportunity presents a two-unit apartment building located at 4324/4326 Kerrit Dr, Baton Rouge, LA 70814. The property boasts a total of 1,680 square feet, with each unit featuring two bedrooms and one bathroom. Both units are currently rented, generating consistent income. One tenant is enrolled in a federal 40-year rental assistance program, guaranteeing rent payments and partial coverage during vacancies. This program is transferable to a new owner, offering financial security and flexibility. The property includes eight parking spaces. The building underwent renovations in 2021. Tenants are responsible for their own water and electricity. The asking price is $150,000, translating to a price per square foot of $94.94. Further details on the rental assistance program are available in the provided documentation. Showings are by appointment only. The property's APN is 69. This is a turnkey investment opportunity with strong rental income and potential for future growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.087
- Latitude
- 30.4907