218 Standard Reed Road West Monroe, LA 71291
Listing Courtesy of: NORTHEAST LOUISIANA / Better Homes And Gardens Real Estate Veranda Realty / David Bryant

  218 Standard Reed Road West Monroe, LA 71291

Active

Description

Investment opportunity for 11 units with room for possibly 2 more homes to be added - 2 Cabins - 9 Trailers total - 2 trailers are 2021 models - 5 have had a complete remodel completed - Rental income totals $8,000.00 a month - All seperate water meters and city sewer - Expenses include yard maintance of $150.00 per month and taxes currently at $2,800 annually.

MLS #:
201985
Lot Size
4.32 acres
Type
Multifamily
County
Ouachita Parish

Listed By

David Bryant, Better Homes And Gardens Real Estate Veranda Realty
Source
NORTHEAST LOUISIANA
Last checked Mar 1 2025 at 5:32 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Washer/Dryer Connect
  • Dishwasher
  • Disposal
  • Other
  • Laundry: In Unit
  • Electric Water Heater
  • Ceiling Fan(s)
Lot Information
  • Outdoor Lighting
Property Features
  • Fireplace: None
  • Fireplace: 0
  • Foundation: Other
Heating and Cooling
  • Central
  • Electric
  • Central Air
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Other
Utility Information
  • Utilities: Natural Gas Available
  • Sewer: Public Sewer
Parking
  • Hard Surface Drive
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Copyright 2025 Northeast Louisiana Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/1/25 09:32