Description
8245 Ned Ave,
Baton Rouge,
LA
70820
Discover a lucrative investment prospect in a high-demand rental market. This expansive lot presents the perfect canvas for developers and investors seeking to capitalize on a thriving rental community. Strategically located with convenient access to the interstate and downtown, tons of schools, and an array of shopping, dining, and entertainment options, this property offers exceptional potential for a multifamily development. The established area and growing population ensure a robust demand for rental units, providing a solid foundation for a high-yielding investment. All essential utilities are readily available, streamlining your building process and cutting up front development costs. Seller is willing to pay $500 towards buyer closing costs with full price offer!
This is an Active listing.
Broker Office Phone Number: 225-768-1800
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 Red Stick Partners via Data Source: Greater Baton Rouge Association of REALTORS
Price History
| date | price | variance | type |
|---|
| 11/26/2024 | $20,000 | 10.71 % | decreased |
| 10/29/2024 | $22,399 | 10.40 % | decreased |
| 10/1/2024 | $25,000 | - | Listed |
listing agent: Timothy Houk
