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$150,000 / 5br - 3700ft2 - Investment rental property right by LSU, needs renovations
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456 W Roosevelt St, Baton Rouge, LA 70802-7849, United States
I will not go back and forth over email. I've got scammers emailing me asking me the very questions that are already in this ad, so once I give you my number and you don't call, you're blocked.
Investment property, the building probably would need to be gutted inside, foundation, roof, flooring all stable in 4 units right by LSU. Never flooded.
This is a 5 unit building with kitchens in four of them.
Within the next 5 years the street will be rebuilt up for LSU students, so it's not even the building you want, but the land. The price is firm, owner refuses to negotiate.
You can get anywhere from 15 to $30 a car on game days for parking.
The balcony and stairs were added on, and stairs have been removed. Electrical in number four and #1 would also need to be rewired, but working on all units.
You will easily double your money with this investment in the next 5 years, and in the meantime while you are renovating you can collect rent from the units you are not working on.