Courtesy of Coldwell Banker Group One Realty, Chelsea Ross

1702 Grammont Street, Monroe, Louisiana, 71201

$745,000
1.00 Acres
8 bd
#217939
Welcome to 1702 Grammont St in Monroe, a professionally managed, fully occupied duplex portfolio built in 2021 offering 10 total units across five identical 2-bedroom, 1-bath duplexes, each with 720 heated square feet per unit and 1,440 total per structure. This income-producing property features consistent rental performance with a reported gross income of $83,803 and net income of $59,664, supported by a detailed rent roll with current monthly rents ranging from $695 to $755 across all units. Interior layouts include a practical living area leading into an efficient kitchen, two bedrooms, and one full bath per unit. Each duplex provides a uniform floor plan for streamlined management and leasing. Exterior grounds offer straightforward maintenance and on-site parking. Showings are available after an accepted offer. Video Walktrough is available. This Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.

PROPERTY FEATURES

  • Utilities : Natural Gas Not Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Patio And Porch Features : Covered
  • Zoning : (RI) Res.
  • Zoning Description : (RI) Res.
  • Cooling on Property:
  • Cooling: Electric
  • Heating on Property:
  • Heating : Electric, Wall Furnace, Separate Meters
  • Water Heater : Electric
  • Construction Materials: Metal Siding
  • Roof: Metal
  • Road Surface Type: Paved
  • Appliances : Refrigerator, Electric Range, Electric Water Heater
  • Laundry Features : In Unit
PROPERTY DETAILS
ID: 217939
Status: Active
Price: $745,000
Acres: 1.00 Acres
Price Per Acre: $745,000
Type: Multi-family
Address: 1702 Grammont Street
City, State: Monroe, Louisiana
County: Ouachita
Zip Code: 71201
Lat/Long: 32.509206, -92.101355
Presented By: Chelsea Ross
Phone:
Email: Click to Contact