709 Joseph St, Monroe, LA 71201

Turnkey investment opportunity available! This well-maintained and recently renovated 3 bedroom, 1 bathroom home offers approximately 1,200 heated square feet along with an additional shop/storage building located behind the property, adding both functionality and long-term value for investors and tenants alike. Currently tenant occupied with an active lease in place generating $1,695 per month and approximately 10 months remaining, this property provides immediate, stable cash flow from day one. Whether you are looking to expand your rental portfolio or secure a strong income-producing property, this home checks all the boxes for a solid residential investment. Under the current ownership, the property has undergone numerous updates and improvements designed to enhance both appearance and functionality. The remodeled kitchen features updated appliances, expanded counter space, additional cabinetry, and an improved layout with the washer and dryer area relocated out of the kitchen to maximize usability and flow. Additional improvements include plumbing upgrades, roof maintenance and repairs, and extensive tree work completed around the property to improve curb appeal and overall upkeep. Situated on two city parcels, the oversized lot provides more yard space than many neighboring properties in the area, creating additional outdoor flexibility and future potential. The HVAC system is reported to be in good condition, and the additional shop/storage area offers even more versatility for storage, workspace, or future enhancements. With strong in-place rental income, meaningful property improvements already completed, and added value through lot size and bonus storage space, this property represents an outstanding opportunity for investors seeking immediate returns and long-term upside.