320 E State St, Baton Rouge, LA 70802

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Building Details:

• Year Built: 1930

This is a portfolio with multiple addresses at the corner of East State and Ivanhoe, and also a single rental house on Carlotta. The single house is a 3/2 of 1344 sq ft at 3276 Carlotta which can be sold separate from the other 11 units at $160,000. The remaining property is 4 units contemporary loft style at 320 East State, duplex with a garage apartment at 3229 Ivanhoe,and a 4 unit large building at 3209 Ivanhoe.100 ft frontage on State, all zoned A-4.The value here is the charm of the area, land,location and zoning which allows multiple units per acre in excess of what is currently there. Or with upgrades should be able to double the rents. This area has seen a lot of change and new development recently. Tiger Manor, Five Guys, Chipolte, and various owners have done a lot of upgrades, redevelopment and rehabs as of late.See attached Future Land Use Categories for the University District.

See attached for rents leases taxes and insurance

Lot map attached as well as flood zone map.Property sits on three adjacent lots at State and Ivanhoe, and a separate lot on Carlotta