8227 -29 Keel Ave, Baton Rouge, LA 70820

$12,000
List Price
$12,000
Status
ACTIVE
MLS#
2024018296
Acres
0.19
Parish
East Baton Rouge
Subdivision
Riverland

Property Description

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 $1000 towards buyer closing costs with full price offer!

Additional Information

Hoa Fee Type
NONE

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Keller Williams Realty Red Stick Partners

Copyright 2024 Greater Baton Rouge Association of Realtors. All rights reserved. Information Deemed Reliable but Not Guaranteed.