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403 Drew St, West Monroe, LA, 71291

12beds
--baths
--sqft
$480,000
--price/sqft
$3,215/moest. monthly cost
$128,600/yrincome needed

About This Home

This property features six single-family homes, each offering 3 bedrooms, 1 bathroom, a kitchen, laundry area, and living room. Four of the homes have been remodeled and are currently tenant-occupied, producing an approximate monthly income of $3,400. The remaining two homes, 411 Drew and 413 Drew, have not been remodeled and are currently used for storage, providing the next owner with additional value-add potential.Whether you’re an experienced investor or looking to expand your portfolio, this property offers immediate income with future upside.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

--
Crosley Elementary SchoolGrades PK-K0.6 mi
7/10
West Monroe High SchoolGrades 8-120.6 mi
4/10

Construction

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Single Family Residence,Multi Family

Interior

Appliances

  • Appliances included: None,Electric Water Heater
  • Laundry features: In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 12

Features

  • Other
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Property

Details

  • Parcel number: 78874

Features

  • Patio & porch: Porch Covered

Lot

  • Lot size: 0.68 Acres

Parking

  • Parking features: Hard Surface Drive
  • Has uncovered spaces: Yes