60 W ELMWOOD DRIVE, Monroe LA 71203
Overview
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 !00% 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.
Additional Details
- StreetDirPrefix: W
- ShowingInstructions: Call Listing Agent
- InternetAddressDisplayYN: 1
- TaxLegalDescription: LOT 13 UNIT 23 TOWN & COUNTRY ADDN
- ListAgentMlsId: 02282
- WaterSource: Public,Electric Company: Town & Country
- LaundryFeatures: In Unit,Washer/Dryer Connect
- PhotosCount: 19
- ModificationTimestamp: 2024-08-22T06:35:01.900Z
- Cooling: Central Air,Electric
- SecurityFeatures: Smoke Detector(s)
- OtherStructures: Storage
- ListOfficeMlsId: FAULK/FOST
- StreetNumberNumeric: 60
- ListingContractDate: 2024-08-15
- ParkingFeatures: Hard Surface Drive
- LotSizeArea: 0.29
- Sewer: Public Sewer
- Heating: Electric,Central
- MLSAreaMajor: 133 ULM/Town & Country/Lake Shor
- ListOfficeName: Faulk & Foster Real Estate Services
- TotalActualRent: 3625
- StreetName: ELMWOOD DRIVE
- PatioAndPorchFeatures: Open Patio,Enclosed Patio
- OriginatingSystemKey: nelar
- PhotosChangeTimestamp: 2024-08-15T15:37:54.964Z
- OriginatingSystemName: NELAR API
- Utilities: Natural Gas Not Available
- MlsStatus: ACTIVE
- FireplaceFeatures: Living Room
- StreetNumber: 60
- ListingId: 211297
- ListingKey: b8f7c05ef7c039d89afe8b5bed98d4bd
- NELAR_L_StatusID: 0
- NELAR_L_SaleRent: For Sale
- StateOrProvince: LA
- CommonWalls: 1+ Common Wall(s)
- InternetEntireListingDisplayYN: 1
- InternetAutomatedValuationDisplayYN: 1
- Gas: None,Gas Company: None
- BuildingFeatures: DSL/Cable Available
- ListAgentFirstName: Louis
- BridgeModificationTimestamp: 2024-08-22T06:41:16.327Z
- ConstructionMaterials: Brick Veneer,Other
- Roof: Architectural Style,Asphalt Shingle
- NumberOfUnitsTotal: 4
- LotSizeSquareFeet: 12632.4
- ParcelNumber: 5374
- Electric: Separate Meters,Electric Company: Entergy
- FoundationDetails: Slab
- InternetConsumerCommentYN: 1
- IDXParticipationYN: 1
- ListAgentLastName: Luffey
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