2804 MONROE ST, Alexandria, LA 71301
2804 MONROE ST, Alexandria, LA 71301
2804 MONROE ST, Alexandria, LA 71301
2804 MONROE ST, Alexandria, LA 71301
2804 MONROE ST, Alexandria, LA 71301
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$ 270,000
Est. payment | /mo

16 Beds

8 Baths

550 SqFt


Save
$ 270,000
Est. payment | /mo
Save

16 Beds

8 Baths

550 SqFt

Key Details

Property Type Condo, Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 550 sqft

Price per Sqft $490

MLS Listing ID 2565721

Style Traditional

Bedrooms 16

Full Baths 8

Construction Status Poor Condition

HOA Y/N No

Year Built 1976

Property Sub-Type Apartment

Property Description

Looking for a property with upside potential? This is a great opportunity for residual income with four long term renters already in place, generating aprox $2000 a month. This is the perfect property for investors, rehab specialist and developers. This property is priced for it's condition and priced to sell! Bringing some TLC and your vision to this complex could be a wonderful long-term investment! Sale includes 2804 A & B, 2806 A & B, 2808 A & B, 2810 A & B. Monroe St. There are four duplexes, equaling eight apartments with four rented and four that need TLC and rehab. 2804 A & B and 2806 A & B are rented. Each apartment is a two bedroom, one bath with private porch on each and washer/dryer combo hookups. Property is owned by a LLC and has been managed by a local property management company. The owner is also selling other investment rentals...5409 Laccasine Dr (a duplex) generating aprox $1200 a month and 5307 Hall St (house) with long-term renter, generating $750 a month. Owner will strongly consider selling as a bundle with the right offer! This is a great chance to create long-term residual income and generational wealth! Call today for a showing!

Location

State LA

County Rapides

Direction Turn off of Mac Arthur Dr. On Monroe St and go down a couple of blocks. Complex is on the left

Interior

Heating Multiple Heating Units

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Exterior Feature Porch

Parking Features Parking Lot, Two Spaces

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Porch

Building

Lot Description City Lot, Rectangular Lot

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Poor Condition

Others

Tax ID 2403535215001201

Special Listing Condition None

Listed by The Wilder Group
Leleux Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2804 MONROE ST