741 Louisiana Ave, Baton Rouge, LA 70802

Back-on-the-Market! Cash flow positive Investment Home! This historical home is located in the highly desirable Beauregard Town in the heart of downtown Baton Rouge. Established as only the 2nd planned neighborhood dating back to 1817, Beauregard Town was designed to occupy the southern edge of the existing settlement featuring a dramatic street configuration and numerous open plazas. And now, 209 years later, epitomizes Urban Living! Once you enter the home you will quickly appreciate the detail and the charm of the cathedral vaulted ceilings and exposed cypress wood work. The original hardwood floors and updated Junior Chef are among the many things that make this home one-of-a-kind. The location lends the home to amenities unlike any other: walking distance to the Mississippi Levee bike trail, The River Center, The Shaw Center, museums, farmers' market and everything that the downtown area has to offer. Relax on the large back porch overlooking the peak of the state capital. Home has 2-bedrooms and 2-baths including a claw foot tub. Original hardwood floors are dated to the 1850s when the home was originally built. The homesite is currently zoned A4 and is surrounded on all 3 sides by ISPUD zoned property! The property is within the limits of an Economic Development Zone as well as a Historical District making this home eligible for tax credits & restoration grants. This thriving neighborhood is just the property you need to add to your portfolio - tenant occupied with 12-mth lease (expires June 2016). Don't miss out on this cash flow positive investment opportunity with a rarely available location on the North side of Government Street (offering access to downtown without crossing Government Street). With the ribbon cutting for the new IBM towers, the installation of the International Water Campus and the demo and re-construction of the downtown Library - downtown Baton Rouge is on the verge of becoming a America's next great city!.