Jessica Wimberly

639 Garden Street , Bossier City, LA 71112

$225,000
  • 639 Garden Street , Bossier City, LA 71112 Main Photo

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New to the Market Active
BEDS6 BATHS5 full MLS#21341260
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONfertile gardens SCHOOLBossier PSB

Property Description

This exceptional portfolio of five fully occupied, income-producing investment properties offers a rare opportunity to acquire five rental units on one large lot in a quiet Bossier City neighborhood. The portfolio includes one duplex (two 1-bedroom, 1-bath units) and three single-family homes (two 1-bedroom, 1-bath homes and one 2-bedroom, 1-bath home), all 100% occupied with established tenants, providing immediate, uninterrupted rental income from closing, and generating approximately $38,400 in annual gross rental income. The duplex received a new roof in 2022, while the single-family homes received new roofs around 2020. This is an attractive value-add investment with upside potential through minor interior and exterior cosmetic improvements, while the oversized lot also offers room for potential future development or additional units. Conveniently located just minutes from Arthur Ray Teague Parkway, Barksdale Boulevard, and Airline Drive, this easy-to-manage portfolio offers immediate excellent cash flow with long-term appreciation potential. The property is being sold as-is, with no repairs by the seller. Cash, DSCR, commercial, and portfolio financing are welcome. Cash buyers should provide proof of funds, and financed buyers should submit a pre-approval or lender letter demonstrating financing for an investment property or portfolio purchase. Seller is a licensed real estate agent.

639 Garden Street | MLS# 21341260

This multi-family property located at 639 Garden Street , Bossier City, LA 71112 is currently listed for sale with an asking price of $225,000. Garden Street is located within the Bossier PSB school district. Search Bossier City real estate on jessicawimberly.pelicanra.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 1.04 Acres
Roof Type: Asphalt
Year Built: 1957

Amenities

Eat-in Kitchen

Feature Descriptions

Appliances: Gas Range, Gas Water Heater, Refrigerator
Days on Site: 3
Exterior: Siding, Wood
Flooring: Luxury Vinyl Plank, Wood
Parcel#: 135886
Parking: Attached Carport, Common, Off Street, On Site
Parking Notes: Attached Carport, Common, Off Street, On Site
Units: 5
Utilities: City Sewer, City Water

Local Schools

Elementary School: Bossier ISD schools
School District: Bossier PSB

Listed By / Shown By

Listed By

Agency Name: Pinnacle Realty Advisors
Agency Contact: 318-233-1045
Agent Name: June Schneider

agent picture

Shown By

Agent Name: Jessica Wimberly
Agent Phone: (318) 402-8510
Agency Title: Pelican Realty Advisors

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Estimated Payment

$ 1,227.13 per month $1,161.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.63 Homeowner's Insurance

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