$400,000

Investment Property near LSU with Huge Rent Income Potential and Opportunity for Serious Appreciation! This investment property has five one-bedroom units on a large lot, so close to LSU and the beautiful Baton Rouge Lakes, which are soon to undergo a $40M+ improvement project. All of the units have hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas, and water. Four apartments measure approximately 614 sqft with the fifth measuring about 766 sqft, and the property also boasts a 20x25' metal building in the back, currently leased as a studio/workspace. With some cleanup, the property has 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, the prospect for appreciation is significant, making this property even more attractive as a long-term investment. The property represents an excellent opportunity to secure a prime location with a tremendous outlook for growth. Don't miss the chance to invest in this rare find!