222 N 1st St Oberlin, LA 70655
Estimated payment $366/month
About This Home
**Investment Opportunity: Well-Maintained with Rental Income and Expansion Potential** Discover a fantastic investment opportunity with this charming home, offering both immediate rental income and additional income potential. This property features 2-bedrooms, 1-bathroom, and provides comfortable living space to those currently occupying it. **Current Income:** $750 per month in rental income Home is well-maintained including a cozy living area, functional kitchen, and comfortable bedrooms. The property is situated in a desirable location with easy access to local amenities, and key business areas. This presents a unique chance to secure a property with reliable income while exploring additional revenue streams. Don't miss this opportunity to invest in a well-located property!
Property Details
Home Type
- Condominium
Year Built
- 1972
Location
- City Lot
Utilities
- No Cooling
- No Heating
Community Details
Overview
- Clements Add Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $9,000
- Net Operating Income $750
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $617 | $3,000 | $1,000 | $2,000 |
| 2023 | $624 | $3,000 | $1,000 | $2,000 |
| 2022 | $628 | $3,000 | $1,000 | $2,000 |
| 2021 | $624 | $3,000 | $1,000 | $2,000 |
| 2020 | $627 | $3,000 | $1,000 | $2,000 |
| 2019 | $631 | $3,000 | $1,000 | $2,000 |
| 2018 | $638 | $3,000 | $1,000 | $2,000 |
| 2017 | $636 | $3,000 | $1,000 | $2,000 |
| 2015 | $450 | $2,200 | $2,200 | $0 |
| 2013 | $469 | $2,200 | $2,200 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $60,000 | 0.0% | $49 / Sq Ft |
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $60,000 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $22,000 | -- |
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL24004808
APN: 011-0054191
