Located in the Highland neighborhood of Shreveport, this fully occupied quadplex with an additional detached garage apartment, offers a total of five rental units and strong, consistent income. Highland is widely known as one of the area’s most desirable rental neighborhoods, attracting long-term tenants and steady demand. The property… Read More 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. Read Less
Courtesy of Pinnacle Realty Advisors, Lee Nugent.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Beds
5
Full Baths
5
Lot Size
0.14 Acres
Year Built
1950
MLS Number
21201960
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1950, Levels: Two, 2 buildings, 2, Toal building area: 3070
Cooling
WallUnits
Expenses
Insurance: $1,200
Heating
WallFurnace
Income
Gross income: $31,200, Net operating income: $26,700
Interior Features
HighSpeedInternet
Lot
0.143 acres, 6,229 sqft
Parking
2 total parkings, Concrete
Pool
None
Roof
Shingle
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
