416 Colquitt Street, Bossier City, LA 71111

Bossier City
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
416 Colquitt Street,Bossier City, LA 71111
$179,900
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  • 1 Beds
  • 1 Baths
  • 2,120 sq. ft.
  • Multi-family
  • Pending
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...

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Home facts

  • Year built:1942
  • Subdivision & Development:East Mccormick Sub
  • Listing ID #:21210316
  • Added:194 day(s) ago
  • Updated:September 28, 2026 at 07:49 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
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 28, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.

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