653 and 661 N 29th Street, Baton Rouge, LA 70802
Baton Rouge Investment Opportunity
$39,000
PROPERTY TYPE: Residential
PRICE: $39,000
Address:
653 & 661 N 29th Street
Baton Rouge, LA 70802
Square Feet: 1500
Bedrooms: 2
Bathrooms: 2
Status: Available

Baton Rouge Investment Opportunity

This income-producing investment opportunity is located in an X-flood zone and offers two single-family shotgun homes on one lot. Each property features one bedroom and one bathroom, with approximately 750 square feet of living space.

The property is currently occupied by long-term tenants and is rented at below-market rates. Both houses are separately metered for water and electricity.

A recent Abbott Price property analysis indicates a potential rental income of $1,600/month ($800/m each) after cosmetic renovations and upgrades.

The property is ideally situated just 5 minutes from downtown Baton Rouge and 10 minutes from LSU’s campus.

Investment Highlights:

  • Two single-family homes on one lot
  • Located in a X-Flood zone
  • Potential Rental Income: $1,600/m ($800/m each) after renovations
  • Each Property: 1 bedroom/1 bathroom and approx. 750 SqFt
  • Located just 5 minutes from downtown Baton Rouge and 10 minutes from LSU

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