5720 Jewella Avenue, Shreveport, LA
Others for Sale - $249,900
Property Info
CIMLS# | 1137651 |
Location 5720 Jewella Avenue Shreveport LA 71109 | |
Updated | May 5th, 2023 |
Type | Others |
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.