1702 Grammont St, Monroe, LA 71201
- $745,000
- 8
- BD
- List Price
- $745,000
- Status
- ACTIVE
- MLS#
- 217939
- Bedrooms
- 8
- Lot Size (Acres)
- 43,560
- Year Built
- 2021
Property Description
Welcome to 1702 Grammont St in Monroe, a professionally managed, fully occupied duplex portfolio built in 2021 offering 10 total units across five identical 2-bedroom, 1-bath duplexes, each with 720 heated square feet per unit and 1,440 total per structure. This income-producing property features consistent rental performance with a reported gross income of $83,803 and net income of $59,664, supported by a detailed rent roll with current monthly rents ranging from $695 to $755 across all units. Interior layouts include a practical living area leading into an efficient kitchen, two bedrooms, and one full bath per unit. Each duplex provides a uniform floor plan for streamlined management and leasing. Exterior grounds offer straightforward maintenance and on-site parking. Showings are available after an accepted offer. Video Walktrough is available. This Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.
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Additional Information
- Area
- 131 Monroe & Op-East/ Hwy 165 To
- Subdivision
- Other
- Taxes
- $4,226
- Heating
- Electric, Wall Furnace, Separate Meters
- Cooling
- Electric
- Roof
- Metal
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Cypress Point C
- Middle School
- Carroll Cy
- High School
- Carroll Cy
Mortgage Calculator
Listing courtesy of Coldwell Banker Group One Realty.