213 & 215 Merrick Street, SHREVEPORT, LA 71104
$43,333+/Unit
Commercial property for sale
Added: 07/18/2011
Last Update: 04/15/2012
213 & 215 Merrick Street
SHREVEPORT, LA
71104 US
Contact info
- 318-221-6236 [Office]
Description
The Subject Property is located near the southwest corner of Merrick St. at Centenary Blvd. in the Highland area, 6 blocks north of Centenary College. This location provides easy access to Downtown Shreveport and busy Youree Drive. The Subject Property consists of a two story wood frame duplex and a detached garage apartment. All units are currently occupied by tenants on written lease agreements. Total gross rental income is $1,645.00 per month, representing a gross rent multiplier of 6.59 year payoff. Copies of lease agreements are on file. Minerals not included. (DBA Site #6-852) Building price details: $130,000.
Property Details
- Building Name:Merrick Triplex
- Type: Multifamily
- Status: Available
- MSA: Shreveport-Bossier City
- Zoning: R-2 (Multi-Family Residential)
- Buildings: 1
- ConstructionWood Frame
Terms
- Cash to Seller