This single-family home is located at 2826 Lexington Dr, Baton Rouge, LA. This property is in the Bocage neighborhood in Baton Rouge, LA and in ZIP code 70808. This property has approximately 4,055 sqft of floor space. This property has a lot size of 1 acre.
Roofs repaired sealed flashing, no plumbing issues, a couple electrical switches need to be replaced, A/C serviced last year,
Rental Comps for 4 Bedrooms – $2,300 – $2,600
ARV– 400K
Est repairs – 50K
Asking Price – 234,900
Investor Play (exit strategy): A lot of equity in this deal for investors, huge potential to add value and update this massive home in a great neighborhood. This area is going to continue to see appreciation while having the benefit of taking on a good amount of equity in the purchase alone. This deal should move very quickly so bring your highest & best offer early.
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