5071/5081/5087 Baker Blvd #12, Baker, LA 70714
Local realty services provided by:CENTURY 21 Investment Realty
5071/5081/5087 Baker Blvd #12,Baker, LA 70714
$855,000
- - Beds
- - Baths
- 8,800 sq. ft.
- Multi-family
- Active
Listed by: justen rider
Office: cornerstone management group llc.
MLS#:2026002777
Source:LA_GBRMLS
Price summary
- Price:$855,000
- Price per sq. ft.:$97.16
About this home
Renovated value-add opportunity with upside in lease-up. 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 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. 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.
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Home facts
- Listing ID #:2026002777
- Added:1 day(s) ago
- Updated:February 14, 2026 at 12:42 AM
Rooms and interior
- Living area:8,800 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Building area:8,800 sq. ft.
- Lot area:0.84 Acres
Utilities
- Water:Public
- Sewer:Community Sewer, Public Sewer
Finances and disclosures
- Price:$855,000
- Price per sq. ft.:$97.16
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