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320 Lake Breeze Dr, Baton Rouge
$315,000
3 Beds ⋅ 2 Baths ⋅ 2026018691 MLS
Lake Villas home featuring 3 bedrooms and 2 bathrooms, located near LSU and Arlington Marketplace along the LSU bus route. This well-maintained property offers an open floor plan, a two-car garage, neutral finishes, and wood-look ceramic tile throughout the living areas. The kitchen features granite countertops, undermount sinks, stainless steel appliances, a gas range and oven, and a large island with a breakfast bar. The primary suite includes a spacious walk-in closet and an en suite bathroom with a double vanity, separate shower, and soaking tub. The fenced backyard backs to a wooded area for added privacy. A Vivint Smart Home security system is included, and furnishings are available for an additional fee. Although the home has never been rented, it offers strong rental potential.

320 Lake Breeze Dr, Baton Rouge

3005 Lake Villa Dr, Metairie
$699,000
11 Beds ⋅ 6 Baths ⋅ 2554628 MLS
INVESTMENT OPPORTUNITY IN METAIRIE! Great 6 plex that is fully rented with long term tenants at a wonderful location of Metairie. Six units consisting of five -2 bedroom, 1 bath and one- 1 bedroom/ 1 bath unit. The 1 bedroom is currently the manager's unit. Currently under rented at $6125 month, plus coin operated laundry income. Rent Proforma $7400. month. Tenants pay electric, owner pays water. Coin operated washers and dryers on site, current income $350. monthly. Laundry located rear of building in common area. Each unit has an assigned parking lane which holds 2 cars each. All underground plumbing has been replaced a few years back. Easy access to interstate, Veterans Hwy, bus stops, restaurants, groceries, etc... Flood Insurance $1689. 1 1/2 blocks from Raising Cane's Chicken and MOOYAH Burgers on Veterans, Fantastic location!! Buyer and Buyer's agent to do their own due diligence on Flood zone, etc..Gross rental income: $6125 per month/ $73,500 annually ($77,100 yr w/ coin operated laundry) 7.76% cap rate. Pro forma rental income: $7,400 per mo rent plus laundry $7700 mo/ $92,400 annually/ 9.95% pro forma cap rate.

3005 Lake Villa Dr, Metairie

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