500 Mccormick Street, Bossier City, LA 71111
Local realty services provided by:ERA Newlin & Company
Listed by: desiree davis
Office: diamond realty & associates
MLS#:21211491
Source:GDAR
Price summary
- Price:$110,000
- Price per sq. ft.:$79.71
About this home
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.
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Home facts
- Year built:1952
- Subdivision & Development:Hornsby Sub
- Listing ID #:21211491
- Added:198 day(s) ago
- Updated:October 03, 2026 at 08:27 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Vinyl
- Living area:1,380 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1952
- Building area:1,380 sq. ft.
- Lot area:0.06 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:$110,000
- Price per sq. ft.:$79.71
- Tax amount:$490
Parking
- Total parking spaces:2
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