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500 Mccormick Street, Bossier City, LA 71111

$110,000
  • 500 Mccormick Street, Bossier City, LA 71111 Main Photo

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Active Price Reduced by $25,000 on July 27th, 2026
BEDS2 BATHS2 full MLS#21211491
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHornsby Sub SCHOOLBossier PSB

Property Description

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.

500 Mccormick Street | MLS# 21211491

This multi-family property located at 500 Mccormick Street, Bossier City, LA 71111 is currently listed for sale with an asking price of $110,000. Mccormick Street is located within the Bossier PSB school district. Search Bossier City real estate on www.pelicanra.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.06 Acres
Roof Type: Shingle
Year Built: 1952

Amenities

Cable TV Available

Feature Descriptions

Appliances: Other
Days on Site: 131
Flooring: Vinyl
Parcel#: 135872
Parking: Driveway, Other
Parking Notes: Driveway, Other
Units: 2
Utilities: Cable Available, City Sewer, City Water

Local Schools

Elementary School: Bossier ISD schools
School District: Bossier PSB

Listed By / Shown By

Listed By

Agency Name: Diamond Realty & Associates
Agency Contact: 318-746-0011
Agent Name: Desiree Davis

Shown By

Agency Title: Pelican Realty Advisors
Agency Phone: 318-522-7373

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Estimate Your Payment

Estimated Payment

$ 599.93 per month $567.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's Insurance

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