5 Beds
5 Baths
6,229 Sqft Lot
5 Beds
5 Baths
6,229 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Pinehurst Sub
MLS Listing ID 21201960
Bedrooms 5
Full Baths 5
HOA Y/N None
Total Fin. Sqft 3070
Year Built 1950
Annual Tax Amount $1,100
Lot Size 6,229 Sqft
Acres 0.143
Property Sub-Type Apartment
Property Description
The property currently produces $2,755 per month in rent, with each unit also contributing an additional $35 monthly toward water, which is paid by the landlord. With all units occupied, this asset provides immediate cash flow and stable performance.
The layout includes four units in the main building along with a separate garage apartment in the rear, creating five total doors on one property. Opportunities like this are rare, making it an excellent addition to an investor's portfolio. This property is being offered as part of a larger investment package that includes three additional properties. All four MLS Numbers for this package are 21201955, 21201957,21201763, and 21201960.
The full portfolio is available for $500,000 and consists of a total of nine rental doors, providing immediate scale for investors looking to expand or enter the market with multiple income-producing assets.
Location
State LA
County Caddo
Direction USE GPS
Interior
Interior Features High Speed Internet Available
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Other
Appliance Gas Range, Refrigerator
Heat Source Wall Furnace
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Siding
Schools
Elementary Schools Caddo Isd Schools
Middle Schools Caddo Isd Schools
High Schools Caddo Isd Schools
School District Caddo Psb
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21201960
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