1920 & 1924 Monroe St, Alexandria, LA 71301

Property Description

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/monthUnit B: 2 bedroom, 2 bath – currently rented for $875/monthNew roofUnit A features a new central HVAC system1924 Monroe Street consists of a brick triplex with:Units A, B, and C: all 2 bedroom, 1 bath unitsLong-term residents in placeNew roofHVAC units are relatively newAlso 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.