Address
521-523 Dudley Drive, Shreveport, LA
Price
$ 275,000
Property Attributes
  • MLS#20520586
  • TypeContingent
  • CountyCADDO
  • CityShreveport
  • NeighborhoodSlattery Park Sub
  • Zip71104
  • StyleDuplex
  • Price$ 275,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size8,407 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Excellent investment property with Cap Rate of 9.39% at current asking price. Beautiful, well maintained duplex in Historical South Highland. Total monthly rent: $2,450. Total annual rent: $29,400. Annual gross expense: $3,567 (taxes & ins.). Annual net income: $25,833. Downstairs tenant (521 Dudley) has leased for 3 yrs. Upstairs tenant (523 Dudley) has leased for 31 yrs. Ea. unit is approx. 1,406 sf, 2 BR, 1 full BA and ea. includes a wood burning fireplace, covered side porch, stackable washer-dryer area. Tenants pay all utilities & are separately metered. New roof in 2023. Washer, dryer, fridge & microwave in ea. unit. Downstairs unit has a 3rd room that can be used as an office or other. Hardwood floors, ceramic tile & some carpet. FHA ASSUMABLE loan at 3.375% if claimed as primary residence. Upstairs is leased thru 12-31-24. Downstairs lease terminating in June '24 so will be available as primary residence then. Lease copies and loan info available on request.

Elementary School
Caddo ISD Schools Elementary School
Price History
1/30/2024 Listed $275,000

General Features

Heating Central,Electric
Complex Name South Highland Duplex
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Cable Available,City Sewer,City Water,Curbs,Natural Gas Available,Phone Available,Sidewalk
Possession Closing/Funding
Roof Asphalt,Composition
Appliances Dishwasher,Electric Oven,Gas Cooktop,Gas Oven
Number of Garage Spaces 2
School District Caddo PSB
Capitalization Rate 9.39
Year Built 1945
Tenancy Lease While on Market,Over 9 Months,Pet Restrictions
Levels Two
Will Subdivide No
Gross Annual Expenses 2554.00
Property SubType Duplex
Subdivision Name Slattery Park Sub
Insurance Expense 1013
Occupant Type Tenant
Occupant Name NA
County Caddo
Operating Expense Includes Maintenance Grounds
Property Type Residential Income
Security Features Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active Contingent
Directions Use GPS.
City Shreveport
Buyer Agent Compensation 3
Elementary School Name Caddo ISD Schools
High School Caddo ISD Schools
Street Name Dudley
Elementary School Caddo ISD Schools
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20520586
Standard Status Active Under Contract
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Decorative Lighting,High Speed Internet Available,Natural Woodwork
Flooring Ceramic Tile,Hardwood
Occupancy Rate 100
Fireplace Features Wood Burning
Total Units 2
Unit Count 2
Fireplaces Total 2
Full Baths 1
Lock Box Type Combo
Street Suffix Drive
Total Bedrooms 4
Window Features Window Coverings

Exterior Features

Exterior Features Balcony,Covered Patio/Porch
Fencing Back Yard,Chain Link,Privacy,Wood
Lot Size Source Assessor
Parking Features Driveway,Garage
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.1930
Number Of Parking Spaces 2
Lot Size Units Acres
Building Area Total 2812.00
Garage Y/N Yes
Lot Size Square Feet 8407.0800
Lot Size Acres 0.1930
Patio And Porch Features Covered,Side Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 71104

Price
AVG $180K
$280K
Visits
AVG 98
78
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1945

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