About 521-523 Dudley Drive
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.
Features of 521-523 Dudley Drive
| MLS® # | 20520586 |
|---|---|
| Price | $275,000 |
| Bedrooms | 4 |
| Bathrooms | 0.00 |
| Full Baths | 1 |
| Acres | 0.19 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 521-523 Dudley Drive |
|---|---|
| Subdivision | Slattery Park Sub |
| City | Shreveport |
| County | Caddo |
| State | LA |
| Zip Code | 71104 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Curbs, Sidewalk, Natural Gas Available, Phone Available |
|---|---|
| Parking Spaces | 2 |
| # of Garages | 2 |
| Garages | Driveway, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, High Speed Internet Available, Natural Woodwork |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Covered Porch(es), Balcony |
|---|---|
| Roof | Composition, Asphalt |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Caddo PSB |
|---|---|
| Elementary | Caddo ISD Schools |
| Middle | Caddo ISD Schools |
| High | Caddo ISD Schools |
Listing Details
| Agent | Steven Mabry |
|---|---|
| Office | Century 21 Elite |
| Contact Info | 318-868-3600 |