1920 & 1924 Monroe St, Alexandria, LA 71301

$275,000
12
BD
2,061
SqFt

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List Price
$275,000
MLS#
2564539
Status
ACTIVE
Type
Multifamily
Style
Other
Stories
1
Bedrooms
12
Acres
0.29
Living Area
2,061
Parish
Rapides

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/month Unit B: 2 bedroom, 2 bath – currently rented for $875/month New roof Unit A features a new central HVAC system 1924 Monroe Street consists of a brick triplex with: Units A, B, and C: all 2 bedroom, 1 bath units Long-term residents in place New roof HVAC units are relatively new Also 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.

Additional Information

Roof
Shingle
Sewer
Public Sewer
Water
Public
Heating
Central
Cooling
Central Air

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Calculator source: Real Geeks