$115,000
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209 MITCHELL LANE West Monroe, LA 71292
Single Family
Residence
3
Beds
3
Baths
1,576
Sq. Ft.
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This triplex, located in the heart of West Monroe, presents a strong investment opportunity with immediate cash flow potential. The property consists of three one-bedroom, one-bath units, each featuring a kitchen and washer\dryer hookups. Currently, one unit is leased at $675 per month, with two add...itional units generating $650 and $675 each. On-site parking and a yard provides added value for tenants. One unit has been updated with fresh paint throughout. With the opportunity to further increase rents as leases turn over, this triplex offers excellent upside potential. Its central location in West Monroe makes it an attractive option for tenants seeking convenience and accessibility. Ideal for investors looking to add a reliable, low-maintenance asset to their portfolio, this property is primed for long-term income generation..
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MLS#
212524
Property Type
Single Family
Bedrooms
3
Bathrooms
3 Full
Year Built
1927
Square Feet
1,576
sq. ft
Sewer
Public Sewer
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