Investment Opportunity1704 & 1708 Missouri Avenue
Investor Special! Two homes on one lot being sold together. Located at 1704 and 1708 Missouri Avenue, this package presents an opportunity for an investor looking to add value and increase cash flow.
Both properties feature roof replacements completed approximately 5 years ago and updated PEX water lines, reducing some of the major capital improvement concerns. One home is currently tenant-occupied, providing immediate income, while the second home is vacant and ready for renovation, repositioning, or occupancy.
Property Highlights:
Two separate homes on one lot
Must be purchased together
1708 Missouri Avenue currently occupied at $365 month with potential for future rent increases
1704 Missouri Avenue currently occupied at $365 month as of July 1st.
Roofs replaced approximately 5 years ago
Water lines updated to PEX plumbing
Opportunity for value-add improvements and increased rental income
Strong Investment Opportunity with a 17.88% Projected Annual Return
Sold as is
Whether you're looking to expand your rental portfolio, renovate and increase rents, or create a long-term investment strategy, this package offers significant upside potential.
Property Details
- Interior
- High Speed Internet, Cable Tv
- Cooling
- 1
- Heating
- Electric
- Cooling Features
- Central Air
- Bedrooms
- 4
- Bathrooms
- 2.0
- Full Baths
- 2
- Acres
- 0.0
- Square Feet
- 2209.0
- Lot Size (sqft)
- 0.226
- Parking Features
- Driveway
- Parking Type
- Driveway
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1985
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available, Cable Available
- Appliances
- Gas Cooktop
- Subdivision
- Winsborough Sub
- School District
- Caddo PSB
- Elementary School
- Caddo ISD Schools
- Middle School
- Caddo ISD Schools
- High School
- Caddo ISD Schools
- County
- Caddo
- Region
- Shreveport
- Days on Market (Cumulative)
- 86
- Taxes Annual
- $595
Location
Legal
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Provided By
Listed by Michelle Moore (#MICHMO)
Listing Office: Century 21 Elite (#SALT01NL)
