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61 W Elmwood Dr, Monroe, LA, 71203

6beds
--baths
--sqft
$170,000
--price/sqft
$1,254/moest. monthly cost
$50,160/yrincome needed

About This Home

Income-producing triplex located at 61 W Elmwood Dr in Monroe! This property features three rental units with a strong rental history and approximately $2,000 in monthly gross income. Unit A offers 2 bedrooms and 1 bath currently rented for $650/month with lease in place through 4/30/2026 . Unit B includes 2 bedrooms and 1.5 baths rented for $650/month (month-to-month). Unit C offers 2 bedrooms and 2 baths, has been recently updated and rented for $700/month (month-to-month). Property is serviced by public utilities and offers a great opportunity for investors looking to expand their rental portfolio or add steady cash flow. All information deemed reliable but not guaranteed. Buyer’s agent to verify.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
2/10
6/10

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Electric Range,Electric Water Heater
  • Laundry features: In Unit,Washer/Dryer Connect

Bedrooms & Bathrooms

  • Bedrooms: 6

Features

  • Ceiling Fan(s)
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Property

Details

  • Parcel number: 7296

Features

  • Patio & porch: Porch Covered

Lot

  • Lot size: 0.33 Acres

Parking

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