11634 W Sherwood Meadow Ave

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Address: 11634 W Sherwood Meadow Ave, Baton Rouge, LA 70816, USA
Florida & Gulf Coast + 2-4 Units
Created date: May 24, 2024
Date last updated: June 3, 2024
  • 75% Occupancy with stable rental income
  • New roof recently installed (2024)
  • Located in a quiet neighborhood off N Harrells Ferry Rd
  • All units are 2 bedroom, 1.5 bathrooms

Property Description

Now available for sale, 11634 W Sherwood Meadow Ave is a fourplex multifamily investment opportunity in a tranquil family neighborhood off North Harrell's Ferry Road. Currently 75% occupied. Each unit is 2 bedrooms and 1.5 bathrooms. All occupied units have a stable rent of $815/month, contributing to a total Gross Rental Income of $39,120. There is one unit currently vacant, providing a potential income increase upon lease. New roof installed in 2024. 2 units are scheduled to be updated. Excellent opportunity for investors seeking stable rental income in a family-friendly area.
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Broker Details

Perry Musgrow
Perry Musgrow

ELIFIN® 225-931-0943

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $295,000
No. of Units: 4
Lot Size: 0.19 Sq ft
Opportunity Zone: No
Price per unit: $73,750
Property Website Click Here
Address: 11634 W Sherwood Meadow Ave, Baton Rouge, LA 70816, USA
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