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Listed byKW Commercial Baton Rouge • David Vercher • 225-768-1800
$345,000
Est. payment /mo
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Pending
Purchase Type For Sale
Subdivision University View Condominiums
MLS Listing ID 2026016586
HOA Y/N No
Year Built 1980
Acres 0.2
Lot Dimensions 55x160
Property Sub-Type Multifamily 5+
Source ROAM MLS
Property Description
5-Unit Multifamily Investment Opportunity Near LSU This is a five-unit multifamily property located within walking distance of LSU Tiger Stadium and along the LSU bus route. The property consists of three buildings totaling approximately 5,396 square feet and offers a unique mix of traditional apartments and two-story loft-style units. Currently 100% vacant, the property provides an investor with the opportunity to complete cosmetic renovations, reposition the units, and establish new rental rates as the apartments are returned to service. Property Highlights • 5 apartment units across 3 buildings • Approximately 5,396 SF total • 100% vacant • Opportunity for cosmetic renovation and lease-up • Walking distance to LSU Tiger Stadium • Located along the LSU bus route • Mix of 1-bedroom, 2-bedroom, and loft-style apartments • Approximately 1,120 SF of ground-floor storage space Unit & Building Configuration Front Building | ±1,244 SF • Apartment A — 2 BR / 1 BA | ±800 SF • Apartment B — 1 BR / 1 BA | ±444 SF Back Left Building | ±1,912 SF • Apartment C — 1 BR / 1 BA, two-story loft | ±956 SF • Apartment D — 1 BR / 1 BA, two-story loft | ±956 SF Back Right Building | ±2,240 SF • Ground Floor — Storage | ±1,120 SF • Apartment E — 2 BR / 1 BA | ±1,120 SF With its proximity to LSU, flexible unit mix, and vacant status, 555 E Boyd Drive offers an investor the ability to renovate and lease the property without the constraints of existing tenant leases. The combination of five residential units, additional storage space, and a location convenient to the LSU campus creates an attractive value-add opportunity in the LSU-area rental market.
Location
State LA
County East Baton Rouge
Community University View Condominiums
Area 0.2
Direction Located behind Sonic
Interior
Heating Space Heater
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 10.0
Roof Type Asphalt
Total Parking Spaces 10
Garage No
Building
Lot Description Level
Foundation Slab
Water Public
New Construction No
Others
Tax ID 751219
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