403 Drew St, West Monroe, LA 71292

$480,000
12
BD

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List Price
$480,000
Status
ACTIVE
MLS#
216105
Bedrooms
12
Lot Size (Acres)
29,620

Property Description

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.

Additional Information

Area
161 Wm City Central / Kiroli Par
Subdivision
Other
Interior Features
Other
Heating
Electric
Cooling
Central Air
Roof
Asphalt
Water
Public
Sewer
Public Sewer
Elementary School
Riverbend O
Middle School
Riser O

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Harrison Lilly.