Courtesy of Coldwell Banker Group One Realty, Dawn Bailey

61 W Elmwood Drive, Monroe, Louisiana, 71203

$164,000
0.33 Acres
6 bd
#218492
Income-producing triplex located at 61 W Elmwood Dr in Monroe! This property features three rental units with a strong rental history and approximately $2,000 in monthly gross income. Unit A offers 2 bedrooms and 1 bath currently rented for $650/month with lease in place through 4/30/2026 . Unit B includes 2 bedrooms and 1.5 baths rented for $650/month (month-to-month). Unit C offers 2 bedrooms and 2 baths, has been recently updated and rented for $700/month (month-to-month). Property is serviced by public utilities and offers a great opportunity for investors looking to expand their rental portfolio or add steady cash flow. All information deemed reliable but not guaranteed. Buyer’s agent to verify.

PROPERTY FEATURES

  • Water Source : Public
  • Sewer : Public Sewer
  • Patio And Porch Features : Covered
  • Cooling on Property:
  • Cooling: Ceiling Fan(s), Central Air
  • Heating on Property:
  • Heating : Central
  • Water Heater : Electric
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Roof: Asphalt
  • Road Surface Type: Paved
  • Interior Features: Ceiling Fan(s)
  • Fireplace Features: Living Room
  • Fireplace on Property:
  • Appliances : Dishwasher, Refrigerator, Electric Range, Electric Water Heater
  • Laundry Features : In Unit
PROPERTY DETAILS
ID: 218492
Status: Active
Price: $164,000
Acres: 0.33 Acres
Price Per Acre: $496,970
Type: Multi-family
Address: 61 W Elmwood Drive
City, State: Monroe, Louisiana
County: Ouachita
Zip Code: 71203
Lat/Long: 32.558917, -92.073032
Presented By: Dawn Bailey
Phone:
Email: Click to Contact