Property Listing No Longer Available for Sale

5720 Jewella Avenue, Shreveport, LA

Others for Sale - $249,900


Property Info

CIMLS#1137651
Location
  5720 Jewella Avenue
  Shreveport LA 71109
UpdatedMay 5th, 2023
TypeOthers
Price$249,900

Property Description

MOTIVATED SELLER! Low priced investment property with great ROI. Annual Net Inc: $18,750; Mo. Gross Inc: $1,750; Mo. Net Inc: $1,562. Owner pays only property tax & gen. liability insurance - Combined total: $2,250 per yr. Total monthly expenses: $187 per mo. Tenants pay all utilities, grounds maintenance, etc. 4 separate units with 4 different tenants & 4 different mailing addresses. All 4 existing tenants pay on time & have all been there for a min. of 3 yrs. Tenants are mo. to mo. so tenants can be evicted or rent increased with 30 days notice. Avg daily traffic count: 31,684. Entire property consists of 5714 Jewella ($450 per mo), 5716 Jewella ($450 per mo), 5720 Jewella ($500 per mo), 5724 Jewella ($350 per mo). P&L statement provided with NDA & proof of funds or pre-approval letter. Extended inspection period allowed for physical inspection once under contract. No showings or inspections until accepted contract with some exceptions. Assessor's addresses do not match actual.


Financials


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