More about 5149 BAKER BLVD (UNIT #A, B, C, D), Baker, LA 70714
Property is 1 of 16 buildings currently operating as an apartment complex. All buildings are for sale targeting investors and owner-occupants. Perfect for rental income, 1031 Exchange, or Owner Occupants who want to live in 1 unit and rent the rest. HOA fees required at $500 per building per month. HOA fee includes property management, leaseup, maintenance labor, groundskeeping, and common area electric. Individually metered, Tenants pay all utilities. Current rent is $699 per unit with upside potential after renovation. Perfect for FHA 203K Renovation Loan requiring 3.5% down with owner occupancy.