1920 & 1924 MONROE Street Alexandria, LA $ 275,000
1920 & 1924 MONROE Street
$ 275,000
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1920 & 1924 MONROE Street

Alexandria, LA, 71301
$ 275,000
Bedrooms12 Baths8.0 Sq 2,061

Monthly Estimate*

$ 1,899

1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 1
1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 2
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1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 4
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1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 8
1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 9
1920 & 1924 MONROE Street, Alexandria, LA 71301 - Image 10
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Multi-Family Home for sale in Alexandria, LA

for $275,000 with 12 bedrooms and 8 full baths. This 2,061 square foot home was built in 1942 on a lot size of 0.2922.

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.

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Multi-Family Active

Price

$ 275,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2922

Year Built

1942

Town/City

Alexandria

County/Region

Rapides

MLS | Web ID

2564539

List By
Broussard & Associates

Broker

gbroussardrealestate@gmail.com

Email

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$1,899
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Monthly Principal & Interest
$1,899
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School

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1920 & 1924 MONROE Street, Alexandria, LA, 71301 is a Multi-Family Home for sale at $275,000 with 2,061 sqft and a lot size of 0.2922. 1920 & 1924 MONROE Street has 12 bedrooms, 8.0 baths, and was built in 1942. The property's zip code is 71301 which is in Alexandria, LA