Shreveport, LA 71104,521-523 Dudley Drive
$275,000
Est.Price: ?

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4 BD
1 BA
8,407 Sqft Lot

521-523 Dudley Drive Shreveport, LA 71104

Est. payment /mo
SOLD DATE : 06/07/2024

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Slattery Park Sub

MLS Listing ID 20520586

Bedrooms 4

Full Baths 1

Year Built 1945

Lot Size 8,407 Sqft

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.

Location

State LA

County Caddo

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Ceramic Tile, Hardwood

Fireplaces Number 2

Fireplaces Type Wood Burning

Exterior

Exterior Feature Balcony, Covered Patio/Porch

Garage Spaces 2.0

Fence Back Yard, Chain Link, Privacy, Wood

Utilities Available Cable Available, City Sewer, City Water, Curbs, Natural Gas Available, Phone Available, Sidewalk

Roof Type Asphalt,Composition

Building

Story Two

Foundation Slab

Structure Type Brick

Schools

Elementary Schools Caddo Isd Schools

Middle Schools Caddo Isd Schools

High Schools Caddo Isd Schools

School District Caddo Psb

Others

Acceptable Financing Assumable, Cash, FHA Assumable

Listing Terms Assumable, Cash, FHA Assumable

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Steven Mabry • Century 21 Elite
Bought with Zondra Spikes • Keller Williams Northwest

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Lily Moore

Broker

+1(817) 715-3771

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