1920 & 1924 MONROE Street, Alexandria, Louisiana, 71301
2,061 Sqft
0.29 Acres
12 bd
#2564539
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.
PROPERTY FEATURES
- Water Source : Public
- Sewer : Public Sewer
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick, Wood Siding
- Levels: One
- Roof: Shingle
PROPERTY DETAILS
ID: 2564539
Status: Active
Price: $275,000
Acres: 0.29 Acres
Price Per Acre: $941,136
Type: Other
Address: 1920 & 1924 MONROE Street
City, State: Alexandria, Louisiana
County: Rapides
Zip Code: 71301
Lat/Long: 31.306757, -92.462875
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