5407 NICHOLSON Drive, Baton Rouge, Louisiana, 70820
$425,000
4,000 Sqft
8 bd
8 ba
#2539837
5407 Nicholson Drive – Baton Rouge, LAFourplex located on Nicholson Drive with access to Louisiana State University and minutes to world-renowned Tiger Stadium and surrounding restaurants. This fully leased, income-producing property provides immediate rental income with tenants already in place.This property brings in over $4000 per month in income. Each unit is occupied under leases, offering consistent cash flow from day one. The location supports steady rental demand for student and workforce housing.This property presents an opportunity to acquire multifamily real estate with existing income in a well-established rental corridor. Buyers may qualify for down payment assistance or grant programs, subject to lender guidelines.Property Features:Four-unit multifamily propertyFully rented with leasesMinutes to Tiger Stadium and dining optionsAccess to campus, public transportation, and major roadwaysDown payment grants may be available for qualified buyersAn income-producing property with tenants already in place and immediate revenue.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Total: 3
- Architectural Style : Traditional
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick
PROPERTY DETAILS
ID: 2539837
Status: Active
Price: $425,000
Type: Multi-family
Address: 5407 NICHOLSON Drive
City, State: Baton Rouge, Louisiana
County: East Baton Rouge
Zip Code: 70820
Lat/Long: 30.38757, -91.170535
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