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 1/2 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.
Listed By
Agency Name: Broussard & Associates
Agency Phone: 318-305-4951
Shown By
Agency Title: Latter & Blum Central Realty
Agency Phone: (318) 445-7653
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1920 & 1924 Monroe Street, Alexandria, LA 71301.
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1920 & 1924 Monroe Street | MLS# 2564539
This multi-family property located at 1920 & 1924 Monroe Street, Alexandria, LA 71301 is currently listed for sale with an asking price of $275,000. Search Alexandria real estate on www.central-realty.net today.