Description
8223-25 Keel Ave,
Baton Rouge,
LA
70820
**Investment Opportunity: Fully Occupied Duplex in Baton Rouge, LA** Unlock steady cash flow with this fully tenant-occupied duplex, offering an impressive 11.62% cap rate. Situated in Flood Zone X, this property presents an ideal opportunity for house hacking, starting a real estate portfolio, or adding to an established one. Both units are currently rented to long-term tenants on month-to-month leases, with Section 8 potential available. Please respect tenant privacy; personal viewings will be scheduled post-contract execution. Rent roll for the previous year and last months data available upon request. **Prime Features:** - 11.62% cap rate - Flood Zone X (no mandatory flood insurance) - Ideal for house hacking or portfolio building - Section 8 potential - Long-term tenants, month-to-month leases * **Disclaimer:** The cap rate provided is based on current financial information and market conditions and is for illustrative purposes only. It is not a guarantee of future performance. Buyers are advised to conduct their own independent analysis and due diligence, including reviewing all financial documents and market conditions, to verify the accuracy of the provided figures. Neither the seller nor the listing agent shall be held liable for any discrepancies or differences in the actual cap rate or property performance post-purchase.
This is an Active listing.
Broker Office Phone Number: 225-664-1911
Copyright © 2024Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Keller Williams Realty Premier Partners via Data Source: Greater Baton Rouge Association of REALTORS
Multi Family
Property type
Price History
date | price | variance | type |
---|
9/9/2024 | $183,000 | - | Listed |
listing agent: Brittiny Howard