NOT LISTED FOR SALE

204 S Bonner St Ruston, LA 71270

4 Beds
4 Baths
1,653 Sq Ft
6,098 Sq Ft Lot

Last Sold May 10, 2024

13 Days on Market

Highlights

  • Porch
  • Central Air
  • 3-minute walk to Lincoln Parish Park
  • Glen View Elementary School Rated A
  • Ceiling Fan

About This Home

As of May 2024

Don't miss this opportunity to own a 4 plex in downtown Ruston 1.2 miles from LA Tech University. Each unit has 1 BR/1 BA and a full kitchen with porches on the front and back of the property. This property currently produced $800 in monthly income, but has the potential to produce $1600 in income monthly. Zoned Core Downtown, this property is on a corner lot next door to Newks. Two units are available to preview, and the other 2 occupied units need 24 hour notice. Leases, profit and loss statements and zoning codes are available to agents showing the property.

Last Agent to Sell the Property

Robyn Brown

Heritage Realty Group, LLC License #0995683825 Listed on: 03/12/2024

Last Buyer's Agent

Kevin Bayles

BetterHomes&GardensVeranda License #0995692303

BetterHomes&GardensVeranda

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,098

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Schools

  • Hillcrest-Ruston Elementary School
  • Ruston L Middle School
  • Ruston L High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Community Details

  • Gardener Expense $540
  • Insurance Expense $1,059
  • Gross Income $15,221
  • Net Operating Income $106,891,804

Listing and Financial Details

  • Assessor Parcel Number 24183977009

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Fourplex
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 0.14
  • Parish: LINCOLN
  • Price Per Sq Ft: 1142857.14
  • Water Companies: City of Ruston
  • Directions: Tech Drive to Alabama Ave. Take a right on Bonner St. Four Plex is on the right.
  • Elementary School: HILLCREST-RUSTON
  • Geo Longitude: -92.637186
  • High School: RUSTON L
  • Middle School: RUSTON L
  • Mls Number: 209233
  • Subdivision: OTHER
  • System ID: 209233
  • Insurance Expense: 1059
  • Landscape Expense: 540
  • Occupied Percent: 50
  • Property Tax Parish: 1127
  • Vacant Percent: 50
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range/Oven
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Paved Street
  • Foundation: Crawl Space, Piers
  • Porch Patio: Porch Open
  • Roof: Asphalt Shingle

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Gas: Available, Natural Gas
  • Heating: Natural Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Schools

  • Elementary School: HILLCREST-RUSTON
  • Middle School: RUSTON L
  • High School: RUSTON L

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 24183977009
  • Price Per Acre: 1142857.14
  • Zoning: Core Downt

Multi Family

  • Number Of Units: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold -- -- --
03/12/2024 03/12/24 For Sale $160,000 -- $97 / Sq Ft
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 209233

Northeast REALTORS® of Louisiana