521-523 Dudley Drive Shreveport, LA 71104
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.
- Property TypeMulti-Family
- NeighborhoodSlattery Park Sub
- CountyCaddo
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site110 Days
- MLS StatusActive Under Contract
- MLS ID Number20520586
- Home Size Source Assessor
- Year Built1945
- Lot Size0.193 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Construction Brick
- Parking DrivewayGarage
- Number of Stories 2
- Acreage 0.193
- Security Carbon Monoxide Detector(s)Security LightsSmoke Detector(s)
- Property Sub Type Duplex
- Garage Spaces 2
- Utilities Cable AvailableNatural Gas AvailablePhone Available
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Cooling Ceiling Fan(s)Central AirElectric
- Heating CentralElectric
- Appliances DishwasherElectric OvenGas CooktopGas Oven
- Flooring Ceramic TileHardwood
- Interior Cable TV AvailableDecorative LightingHigh Speed Internet AvailableNatural Woodwork
- Fireplaces 2
- Fireplace Features Wood Burning
- Window Features Window Coverings
- Fireplace Yes
Exterior Features
- Roof AsphaltComposition
- Fencing Back YardChain LinkPrivacyWood
- Waterfront Property No
- Exterior BalconyCovered Patio/ Porch
- Patio And Porch CoveredSide Porch
Community Features
- Security Features Carbon Monoxide Detector(s)Security LightsSmoke Detector(s)