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 |
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Caddo ISD Schools Elementary School |
Price History | |
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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