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Listed by Harrison Lilly • Harrison Lilly
$ 475,000
Est. payment | /mo
5 Beds
$ 475,000
Est. payment | /mo
5 Beds
Key Details
Property Type Multi-Family
Sub Type MULTI-UNIT PROPERTIES
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219974
Bedrooms 5
Year Built 1982
Property Sub-Type MULTI-UNIT PROPERTIES
Property Description
Great opportunity for an investor looking to grow their portfolio! This income-producing package includes 7 tenant-occupied homes with established rental income, offering immediate cash flow from day one. The package includes the following properties: 607 Benjamin St. – Unit A: 3 bedrooms, 1 bathroom – Currently rented for $550/month 607 Benjamin St. – Unit B: 3 bedrooms, 1 bathroom – Currently rented for $500/month 1605 S. 4th St.: 2 bedrooms, 1 bathroom – Currently rented for $600/month 1618 S. 4th St.: 2 bedrooms, 1 bathroom – Currently rented for $450/month 1208 S. 10th St.: 3 bedrooms, 1 bathroom – Currently rented for $750/month 2800 S. Grand St.: 3 bedrooms, 1 bathroom – Currently rented for $750/month 704 Girod St.: 2 bedrooms, 1 bathroom – Currently rented for $600/month 301 Dixie St.: 3 bedrooms, 2 bathrooms – Currently rented for $950/month 1104 S. 8th St.: 2 bedrooms, 1 bathroom – Currently rented for $594/month Whether you're looking to expand your rental portfolio or add multiple income-producing properties at once, this package presents an excellent opportunity. All homes are currently occupied by tenants, providing consistent rental income with the potential for future appreciation.
Location
State LA
County Ouachita
Direction Start in Monroe, LA. Head on N 5th St (US-165 BR S), continue onto Lea Joyner Memorial Expwy and Ouachita Ave, then follow Jackson St (US-165 BR) for 1.5 mi. Turn right onto Benjamin St and continue 187 ft to reach 607 Benjamin St.
Interior
Interior Features Other
Heating Other
Cooling Multi Units
Fireplaces Type None
Appliance Other, Electric Water Heater
Laundry See Remarks
Exterior
Roof Type Asphalt Shingle
Private Pool false
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public, Electric Company: Other