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$ 328,500
Est. payment | /mo
4,000 SqFt
$ 328,500
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $82
Subdivision Azalea Park
MLS Listing ID 2024020065
Lot Size 8,712 Sqft
Property Description
Investment Opportunity: Turn-Key Fourplex at 14121 Azalea Park! Discover this incredible fourplex, an investor's dream and a fantastic option for owner-occupants! Each unit features 2 spacious bedrooms and 2 bathrooms, already rented out at $750 per unit, providing instant income. This property is a cash-flow powerhouse, fully leased and meticulously maintained—perfect for the savvy investor or someone looking to live in one unit while renting out the rest. Why You'll Love This Investment: Turn-Key & Fully Occupied: All units are occupied with reliable tenants, bringing in $3,000 per month in rental income. Prime Location: Situated in a desirable neighborhood, attracting quality tenants and offering excellent appreciation potential. Investor-Friendly Financing: Take advantage of DSCR (Debt Service Coverage Ratio) loans, allowing investors to qualify based on rental income alone—no income documentation required. Owner-Occupant Benefits: For those wanting to live on-site, down payment grants and incentives make it even easier to call 14121 Azalea Park home. Whether you're looking to expand your portfolio or dive into homeownership with built-in rental income, this property delivers on every level. Don't miss this cash cow!
Location
State LA
County East Baton Rouge
Interior
Heating Central
Cooling Central Air
Appliance Electric Cooktop, Range/Oven
Exterior
Garage Spaces 8.0
Private Pool false
Building
Story 2
Foundation Slab
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition As Is
Listed by Plain & Associates LLC
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Blake Fowler
Broker | License ID: 0995683324