416 Colquitt Street, Bossier City, LA 71111
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: desiree davis
Office: diamond realty & associates
MLS#:21210316
Source:GDAR
Price summary
- Price:$179,900
- Price per sq. ft.:$84.86
About this home
Fully occupied Bossier City triplex offered at $179,900, representing an investor basis of approximately $84.86 per square foot. Three 1-bedroom, 1-bath units currently rent for $600, $700 and $700, producing combined gross rental income of $2,000 monthly or $24,000 annually. All tenants are current, and two of the three tenancies include documented third-party rent support. Payment history is available to qualified buyers with appropriate privacy redactions. Tenants pay all utilities. Owner-reported city and parish taxes plus property insurance total approximately $1,052 annually. For conservative underwriting, a $75-per-unit monthly management allowance produces estimated pro forma annual expenses of $3,752, NOI of $20,248 and an 11.26% cap rate at the asking price, before vacancy, repairs and capital reserves. Seller reports that the property was comprehensively renovated in 2021 by a professional contractor using applicable permits and inspections, including complete replacement of the plumbing and electrical systems, a new roof and extensive additional improvements. Rent roll, leases, payment history, investor analysis and available renovation documentation may be reviewed. Please do not disturb tenants. All showings require 24-hour notice and must be coordinated through the listing agent. Property may be purchased individually or considered with additional seller-owned rentals. All information is owner-provided and should be independently verified....
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Home facts
- Year built:1942
- Subdivision & Development:East Mccormick Sub
- Listing ID #:21210316
- Added:148 day(s) ago
- Updated:August 13, 2026 at 11:47 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Vinyl
- Living area:2,120 sq. ft.
Structure and exterior
- Year built:1942
- Building area:2,120 sq. ft.
- Lot area:0.14 Acres
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Bossier ISD schools
- Middle school:Bossier ISD schools
- Elementary school:Bossier ISD schools
Finances and disclosures
- Price:$179,900
- Price per sq. ft.:$84.86
- Tax amount:$290
Parking
- Total parking spaces:3
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