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1920 & 1924 Monroe St, Alexandria, LA, 71301

12beds
8baths
2,061sqft
$275,000
$133price/sqft
$2,078/moest. monthly cost
$83,120/yrincome needed

About This Home

Excellent income-producing opportunity featuring a total of 6 rental units across two adjacent properties. 1920 Monroe Street is a large white duplex consisting of: Unit A: 2 bedroom, 2 bath – currently rented for $675/month Unit B: 2 bedroom, 2 bath – currently rented for $875/month New roof Unit A features a new central HVAC system 1924 Monroe Street consists of a brick triplex with: Units A, B, and C: all 2 bedroom, 1 bath units Long-term residents in place New roof HVAC units are relatively new Also included is 1924 ½ Monroe Street, a separate house located behind the triplex, featuring a newly remodeled interior. Residents are responsible for all utilities. This multi-unit package offers a strong mix of established tenancy, recent capital improvements, including new roofs and updated HVAC systems, and additional upside with the remodeled rear house. A solid investment opportunity for investors seeking immediate rental income and long-term stability.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

3/10
Bolton High SchoolGrades 6-121.1 mi

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1942

Materials

  • Foundation: Raised,Slab
  • Roof: Shingle
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 8
  • Full bathrooms: 8

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,061 sqft

Property

Details

  • Parcel number: 1010284100
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.29 Acres
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 75 x 160 & 76 x 159

Parking

  • Total spaces: 3
  • Parking features: Three or more Spaces