$60,000
PENDING

222 N 1st St Oberlin, LA 70655

Estimated payment $371/month

Total Views 403
-- Bed
-- Bath
1,226 Sq Ft
$49 Price per Sq Ft

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!

Listing Agent

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/20/2024

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$617

Year Built

1972

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: irregular
  • Co List Office Mls Id: 423
  • Co List Office Phone: 337-905-9000
  • Subdivision Name: Clements Add
  • Directions: North on Hwy 165, left on 6th Avenue, right on 1st, property on right
  • Property Attached Yn: No
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Stories: 1

Utilities

  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.27
  • Land Lease Expiration Date: 2026-02-01
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 9000.0
  • Property Net Operating Income: 750.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Pending -- -- --
08/20/2024 08/20/24 For Sale $60,000 -- $49 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $22,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004808

APN: 011-0054191

Louisiana Allen Parish Oberlin 70655

222 N 1st St, Oberlin, LA

This home is located at 222 N 1st St, Oberlin, LA 70655 and is currently priced at $60,000, approximately $48 per square foot. This property was built in 1972. 222 N 1st St is a home located in Allen Parish with nearby schools including Oberlin Elementary School, Oberlin High School, and Oberlin Covenant Christian School.

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Listing Agent
Jessica Landry
EXIT Bayou Realty