60 W Elmwood Dr

Monroe, LA, boasts a vibrant community and enticing amenities, presenting a compelling backdrop for prospective multifamily, investors. The area is home to the scenic Kiroli Park, offering serene outdoor spaces ideal for relaxation and recreation. With proximity to the University of Louisiana at Monroe and the Pecanland Mall, residents of the area have access to educational resources and diverse shopping and dining experiences. The location's proximity to major roadways and employment centers further enhances its appeal, providing convenience and connectivity for potential residents. Additionally, the area's growing economy and range of cultural events contribute to an appealing atmosphere for multifamily investment.Introducing an exceptional opportunity for multifamily investors in the Monroe area. This impressive property spans 6,700 square feet and comprises 4 units, offering spacious, modern living spaces for residents. With three of the four units recently renovated in the past three years, the property showcases a contemporary and well-maintained aesthetic. The property also had a new roof in 2021 and three new A/C units installed. The owner pays water $300 month and trash $70 month and grosses $3,625 a month at !00% occupancy. With a prime location in Monroe, LA, this investment presents an attractive proposition for those seeking a multifamily property with substantial potential for long-term value and positive returns. Embrace the opportunity to invest in a property that combines timeless charm with modern comfort and convenience.