500 Mccormick Street, Bossier City, LA 71111
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500 Mccormick Street, Bossier City, LA 71111
500 Mccormick Street, Bossier City, LA 71111
500 Mccormick Street, Bossier City, LA 71111
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$ 110,000
Est. payment /mo
Active

500 Mccormick Street Bossier City, LA 71111

2 Beds

2 Baths

2,657 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Hornsby Sub

MLS Listing ID 21211491

Bedrooms 2

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1380

Year Built 1952

Annual Tax Amount $490

Lot Size 2,657 Sqft

Acres 0.061

Property Sub-Type Duplex

Property Description

Fully occupied, income-producing Bossier City duplex offered at $110,000. The property contains two 1-bedroom, 1-bath units currently renting for $625 and $750 per month, producing combined gross rental income of $1,375 monthly or $16,500 annually. Current owner-reported recurring expenses include approximately $2,280 annually for professional property management and $3,168 annually for property taxes and insurance. Based on these figures, the property produces an estimated net operating income of $11,052 and a 10.05% cap rate at the asking price, before vacancy, repairs and capital reserves.

Rent roll, leases and investor operating analysis are available for review. Please do not disturb tenants. All showings require 24-hour notice and must be scheduled through the listing agent. Property may be purchased individually or considered with additional seller-owned rental properties. Financial information is provided by the owner and should be independently verified by the buyer.

Location

State LA

County Bossier

Direction Located by Bossier High School

Interior

Interior Features Cable TV Available

Heating Central

Cooling Central Air

Flooring Vinyl

Appliance Other

Heat Source Central

Exterior

Utilities Available Cable Available, City Sewer, City Water

Roof Type Shingle

Garage No

Building

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Other

Schools

Elementary Schools Bossier Isd Schools

Middle Schools Bossier Isd Schools

High Schools Bossier Isd Schools

School District Bossier Psb

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21211491


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Desiree Davis • Diamond Realty & Associates

Schools and Properties Nearby

David Garcia

David Garcia

Agent | License ID: 776388

+1(469) 778-3901

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500 Mccormick Street