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Listed byBroussard & Associates • Genny Broussard • 318-305-4951
$ 275,000
Est. payment /mo
Active
1920 & 1924 MONROE ST Alexandria, LA 71301
12 Beds
8 Baths
2,061 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 2,061 sqft
Price per Sqft $133
MLS Listing ID 2564539
Style Other
Bedrooms 12
Full Baths 8
HOA Y/N No
Year Built 1942
Acres 0.29
Lot Dimensions 75X160 & 76X159
Source ROAM MLS
Land Area 2061
Property Description
Excellent income-producing opportunity featuring a total of 6 rental units across two adjacent properties.1920 Monroe Street is a large white duplex consisting of:Unit A: 2 bedroom, 2 bath – currently rented for $675/monthUnit B: 2 bedroom, 2 bath – currently rented for $875/monthNew roofUnit A features a new central HVAC system1924 Monroe Street consists of a brick triplex with:Units A, B, and C: all 2 bedroom, 1 bath unitsLong-term residents in placeNew roofHVAC units are relatively newAlso included is 1924 ½ Monroe Street, a separate house located behind the triplex, featuring a newly remodeled interior.Residents are responsible for all utilities.This multi-unit package offers a strong mix of established tenancy, recent capital improvements, including new roofs and updated HVAC systems, and additional upside with the remodeled rear house. A solid investment opportunity for investors seeking immediate rental income and long-term stability.
Location
State LA
County Rapides
Area 0.29
Interior
Cooling Central Air
Fireplace No
Exterior
Garage Spaces 3.0
Utilities Available Natural Gas Not Available
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Foundation Raised, Slab
Water Public
Architectural Style Other
New Construction No
Others
Tax ID 1010284100
Virtual Tour https://www.propertypanorama.com/instaview/roam/2564539
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