2804 Monroe St, Alexandria, LA 71301

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!