3712 Rapides St, Monroe, LA 71203

$235,000
3
BD

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List Price
$235,000
Status
ACTIVE
MLS#
219523
Bedrooms
3
Year Built
1951

Property Description

Excellent investment opportunity in a highly desirable location! This waterfront property is currently leased to the Oxford Foundation for $1,850 per month, providing dependable long-term rental income. If you are looking for a strong-performing rental property with consistent cash flow in a great area, this property is a must-see. The home is located in a very desirable part of Monroe and offers an attractive setting for both tenants and investors alike. This property may also be purchased as part of a larger investment package with additional Monroe and West Monroe properties available. Strong rental history, excellent location, and dependable income make this a great addition to any investment portfolio.

Additional Information

Area
133 Ulm/Town & Country/Lake Shor
Subdivision
Crescent Bend
Interior Features
Ceiling Fans, Walk-In Closet(s)
Heating
Electric, Central
Cooling
Central Air, Electric
Roof
Asphalt
Water
Public, Other, None
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cypress State Realty.