235 20Th St Baton Rouge, LA 70806
- Apartment buildings
- 5,652 SF
- 0.17 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 235 20Th St
- Lot size
- 0.17 lot acres
- Property size
- 5,652 SF
- Property type
- Apartment buildings
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in Baton Rouge, Louisiana. Located at 235 S 20th St, this property boasts a total of 5,652 square feet situated on a 0.17-acre lot. The complex comprises two buildings: a four-plex featuring four two-bedroom apartments totaling 3,672 square feet, and a second four-plex with four one-bedroom apartments encompassing 1,980 square feet. Currently, three of the eight units are occupied. The property is zoned A 3.1, offering potential for future development or expansion. The asking price for this multifamily investment is $120,000, presenting a strong return potential for savvy investors. The property's location in Baton Rouge, within East Baton Rouge Parish, and its convenient address provide easy access to local amenities and transportation. This is an ideal opportunity to acquire a well-positioned multifamily property in a growing market. The existing occupancy provides immediate cash flow, while the vacant units offer the potential for increased rental income. This property is offered as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.1678
- Latitude
- 30.4463
