1. Louisiana
  2. Monroe
  3. 60 W ELMWOOD DRIVE
$275,000

60 W ELMWOOD DRIVE, Monroe, LA 71203

  • 10 beds
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Introducing an exceptional opportunity for multifamily investors in the Monroe area. This impressive property spans 6,700 square feet and comprises 4 units, offering spacious, modern living spaces for residents. With three of the four units recently renovated in the past three years, the property showcases a contemporary and well-maintained aesthetic. The property also had a new roof in 2021 and three new A/C units installed. The owner pays water $300 month and trash $70 month and grosses $3,625 a month at 100% occupancy. With a prime location in Monroe, LA, this investment presents an attractive proposition for those seeking a multifamily property with substantial potential for long-term value and positive returns. Embrace the opportunity to invest in a property that combines timeless charm with modern comfort and convenience. *Property can be shown with an accepted contract. Please do not disturb the tenants.

Listing Status:
Pending
Listing Office:
Faulk & Foster Real Estate Services :
Listing Agent:
Louis Luffey : 318-600-5575
MLS ID:
211297

This listing courtesy of Louis Luffey, Faulk & Foster Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jack Hayes Elementary School

3631 Old Sterlington Rd, Monroe, LA, 71203

Grades PK-5

0.42 miles away

O

Ouachita Junior High School

5500 Blanks St, Monroe, LA, 71203

Grades 6-8

2.87 miles away

W

West Monroe High School

201 Riggs St, West Monroe, LA, 71291

Grades 8-12

5.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.