711 E Olive Street West Monroe, LA 71291

Investment Opportunity with Growth Options! This property includes 1 single-family house, 1 large double-wide (that can be converted to a duplex, if desired) and hookup for up to three trailers or campers. The single-family house is a 1 bedroom/ 1 bath, rented for $650. The seller started the remode...l for the double-wide, with some elbow grease you could have a great cash flowing property! The owner planned to make the double-wide into a duplex. All new subfloors have been installed. There was a camper that has previously been rented for $500-600/ month. It was recently sold. There is space for three trailers or campers - the owner has previously rented the hookup for $400/ month per camper. Brings in $7,800/ year with potential of gross rents of $25,800/ year when the camper was being rented. Seller is willing to sell property with approximately 2 acres for $120,000. Continue reading