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711 E Olive Street, West Monroe, LA 71291

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For Sale

$95,000

1 beds • 1 baths • 780 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $121.79
    Price per square foot

Explore this Property

Investment Opportunity with Growth Options! This property includes 1 single-family house, 1 large double-wide (that can be converted to a duplex, if desired) and hookup for up to three trailers or campers. The single-family house is a 1 bedroom/ 1 bath, rented for $650. The seller started the remodel for the double-wide, with some elbow grease you could have a great cash flowing property! The owner planned to make the double-wide into a duplex. All new subfloors have been installed. There was a camper that has previously been rented for $500-600/ month. It was recently sold. There is space for three trailers or campers - the owner has previously rented the hookup for $400/ month per camper. Brings in $7,800/ year with potential of gross rents of $25,800/ year when the camper was being rented. Seller is willing to sell property with approximately 2 acres for $120,000.
MLS# 208820

Courtesy Of Coldwell Banker Group One Realty

(318) 362-0007

Property Features

  • General
    Ceiling Fan(s)
  • Lot Size
    0.74 Acres
  • Style
    Other Style

Map and Directions

Directions to 711 E Olive Street, West Monroe, LA 71291

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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