157 East College Street
Description
Investors, take note! This 2-unit rental property in University Place 6th Filing offers an excellent income opportunity. Built in 1967, this duplex features two 2-bedroom, 1-bath units, each approximately 800 sq. ft. Both units come with electric kitchen appliances, window unit cooling, and space heaters for comfort. The property is situated on a 0.177-acre lot with 3 parking spaces, city utilities, and no HOA fees. Conveniently...Income-Generating Property in University Place! OWNER FINANCING AVAILABLE
Investors, take note! This 2-unit rental property in University Place 6th Filing offers an excellent income opportunity. Built in 1967, this duplex features two 2-bedroom, 1-bath units, each approximately 800 sq. ft. Both units come with electric kitchen appliances, window unit cooling, and space heaters for comfort. The property is situated on a 0.177-acre lot with 3 parking spaces, city utilities, and no HOA fees. Conveniently located in the Caddo PSB school district, this property is ready for tenants and offers great potential for steady rental income. Don’t miss out—schedule a showing today!
Property Details for 157 East College Street
Property Details for 157 East College Street
| Status | Active |
|---|---|
| MLS # | 20796473 |
| Days on Market | 9 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Full Duplex |
| Year Built | 1967 |
| Lot Size | 0.18 AC / 7,710 SF |
| County | Caddo Parish |
Building Information for 157 East College Street
Property Information for 157 East College Street
- Complex Name: 157 E College
- Directions: Google is correct
- Senior Community Yes/No: No
- Year Built Details: Preowned
- School District: Caddo PSB
- Geocode Confidence: High
- Latitude: 32.49
- Longitude: -93.73
- State: Louisiana
- Parking Features: Common, Driveway
- Tax Legal Description: LOT 31, UNIVERSITY PLACE, 6TH FILING 171306-8
- Association Type: None
- Tax Lot: 31
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/20796473
- Flooring: Other
- Heating: Space Heater
- Interior Features: Cable TV Available
- Appliances: Electric Cooktop, Electric Oven
- Cooling: Window Unit(s)
- Smart Home Features Appor Pass Y: No
- Building Area Source: Assessor
- Construction Materials: Siding
- Foundation Details: Pillar/Post/Pier
- Number Of Stories: 1
- Roof: Composition
- Number Of Units Total: 2
- Levels: One
- Utilities: Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected
- Accessory Unit: No
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: APN
- Lot Size: Less Than .5 Acre (not Zero)
- Lot Size Acres: 0.177
- Lot Size Area: 0.177
- Lot Size Units: Acres
- Lot Size Square Feet: 7710.12
- Multi Parcel ID: No
- Parcel Number: 171306084003100
- Number Of Buildings: 1
- Capitalization Rate: 10.02%
- Gross Annual Expenses: $4,470
- Gross Annual Income: $18,000
- Insurance Expense: $1,320
- Net Operation Income: $13,530.00
- Approximate SQFT: 800.0
- Dining Area Length: 1.0
- Dining Area Width: 1.0
- Kitchen Length: 1.0
- Kitchen Width: 1.0
- Living Area Length: 1.0
- Living Area Width: 1.0
- Master Bed Length: 1.0
- Master Bed Width: 1.0
- Number Of Baths Full: 1
- Number Of Baths Half: 0
- Unit Type Type: 2 Bedroom
- Unit Type Units Total: 2
Property History for 157 East College Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 157 East College Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
South Highlands Elementary Magnet School PublicPK to 5 | ||
Fairfield Magnet School PublicPK to 5 | ||
Judson Fundamental Elementary School PublicPK to 5 | ||
Creswell Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX Real Estate Services, Tammi Montgomery
The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/17/2024 03:05 PM
