Welcome to 1428 Texas Ave in Baker Louisiana. This property offers a functional layout, solid structure, and real potential for appreciation. Whether you are: • An investor seeking rental cash flow • A Home buyer wanting equity growth via House Hacking • A buy-and-hold landlord • Or a buyer looking to personalize and increase value The possibilities are endless!!! *Located within minutes of the Baton Rouge Zoo and the interstate. This is an affordable pathway to ownership in a market where prices continue trending upward.
Renovated 12 unit multifamily (3 buildings, 4 units each) with a mix of 3 bedroom and 2 bedroom units.The property includes an on-site, income-producing laundromat with 8 machines generating an average of several hundred dollars per month. Utilities are individually metered, so tenants pay their own. The property is currently 67% occupied, with 8 of 12 units leased. Three 3BR/1BA units were recently leased at $950/month. Current in-place rent is approximately $6,650/month, with additional upside through the lease-up of the remaining vacant 2BR/1BA units and continued laundromat income growth as occupancy improves. Current ownership has maintained conservative tenant-qualification standards and has not been proactive with leasing, creating a clear opportunity for a new owner to improve occupancy and increase cash flow. The downstairs units were fully gutted and rebuilt with new doors, sheetrock, cabinets, and more. Major systems have been improved, including central HVAC systems installed within approximately the last 5 years, newer water heaters, and updated electrical panels, meter pans, and wiring in most units.
Great investment opportunity on this 4plex in Baker! Mostly brick exterior. Tenant pays all utilities. All units are 2 bedroom and 2 full baths. Convenient location in Baker. Easy access to Baker Blvd. and Plank Road. Property is not in a flood zone and does not require flood insurance. Property is professionally managed. Great opportunity to create positive cash flow!
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Baker is located in Louisiana. Baker, Louisiana has a population of 12,736. Baker is less family-centric than the surrounding county with 16.23% of the households containing married families with children. The county average for households married with children is 24.88%.
The median household income in Baker, Louisiana is $55,371. The median household income for the surrounding county is $58,167 compared to the national median of $69,021. The median age of people living in Baker is 33.5 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 40 degrees. The average rainfall is approximately 62.4 inches per year, with 0.1 inches of snow per year.