Address
2903&2905 Marilyn Ann Street, Alexandria, LA
Price
$ 900,000
Property Attributes
  • MLS#24002297
  • TypeMulti-Family
  • ParishRAPIDES
  • CityAlexandria
  • AreaRapides
  • Zip71301
  • Style
  • Price$ 900,000
  • Bedrooms16
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12000
Data Source:
REALTOR® Association of Acadiana (LBRMLS)
Property Description

Welcome to Marilyn Ann St, where opportunity meets convenience! These side-by-side multi-family complexes boast an impressive 90% occupancy rate, ensuring stable income streams for savvy investors. With an attractive cap rate, these properties offer a promising return on investment in the vibrant Alexandria, LA market.

Elementary School Middle School High School
Call School Board Elementary School Call School Board Middle School Call School Board High School
Price History
3/11/2024 Listed $900,000

General Features

Construction Brick
Heating Central
Cooling Central Air
Appliances Electric Range
Parking Parking Lot
Zoning COMM
REO No
Subdivision None
Type Apartment/Multi-Family
Property Type B
Area Rapides
Financing Cash,Conventional,Private Banking
Age 31 - 40 Years
Directions I-49 North to Exit 80,left to US-71,Right on Masonic Dr,Right on E Texas Ave,Left on Marilyn Ann St
City Alexandria
Middle School Call School Board
Individual Metered? Yes
High School Call School Board
Elementary School Call School Board
Legal Description LOT ADJ HANNA HEIGHTS; BEING 95.06' X 270' X 70' 159.7' X 25.09' X 110.5' (see Rapides Assessor for Extended Legal)

Interior Features

Total Number of Units 16
List Price/SqFt 75.00
SqFt - Total 12000.00

Exterior Features

Water/Sewer Public Sewer,Public Water
Foundation Slab
Siding Brick
Total Parking Spaces 20.00
Mineral Rights Conveyed
Lot 1
Lot Dimensions irregular

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 Multi-Family Average in 71301

Price
AVG $200K
$900K
Visits
AVG 20
65
Data Provided by Inside Real Estate®