5411 NICHOLSON DR Pending

Baton Rouge,LA 70820

$ 395000

- Bed

- Bath

4400 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $89

Subdivision University Manor

MLS Listing ID 2024011523

Lot Size 10,890 Sqft

Property Description

Welcome to this exceptional 4-plex located on Nicholson Drive in the lively city of Baton Rouge! This well-cared-for property presents an outstanding investment opportunity with impressive rental income. With all four units currently occupied, it generates $4,100 per month. Three of the units have recently been updated. This unique gem is ideally situated near LSU, downtown Baton Rouge, and essential amenities, making it very appealing to tenants. A notable feature of these four spacious units is that each has two bedrooms and one and a half bathrooms, and they are located in flood zone X.

Location

State LA

Parish East Baton Rouge

Area Ebr Mls Area 52

Schools

School District East Baton Rouge

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