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Triplex Portfolio in Historic Spanish Town Neighborhood

639-643 Lakeland Dr Baton Rouge, LA 70802

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Overview

Offering Memorandum https://buildout.com/sharing/triplex-portfolio-in-historic-spanish-town-neighborhood-639-643-lakeland-dr-baton-rouge-la-70802?view_locked_docs=true Now for sale, 639 and 643 Lakeland Dr are two triplexes located just two blocks from the Louisiana State Capitol, in the historic Spanish Town neighborhood. The portfolio consists of 6 total units: (5) 1 bedroom. 1 bathroom units and (1) 2 bedrooms, 1 bathroom unit. 1 unit was renovated a year ago, while the others were updated at their initial purchase. Due to its prime location, there is a significant potential for rental increases. Just a ±7-minute walk from Capitol Gardens, the State Library of Louisiana, and Capitol Park Museum, the property offers easy access to Downtown Baton Rouge and its surrounding amenities. • Located in the historic Spanish Town neighborhood • (5) 1 bedroom. 1 bathroom units and (1) 2 bedrooms, 1 bathroom unit • Two blocks from the Louisiana State Capitol • Walking distance from Downtown amenities

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$625,000
Price Per SF
$625K/SF
Building Size
1 SF
Acres
0.31 ac
Zoning
A4
Number of Buildings
2
Floors
1
Year Built
1920
Construction Siding
Wood
Construction Type
Wood
Submarket
50
Nearest MSA
Baton Rouge
Property Status
Existing
In Opportunity Zone
Yes
County
East Baton Rouge Parish
Created
2025-03-24
Updated
2025-03-24
Listing ID
896acb4e
Parcel APN
000-2310-8