$55,000
PENDING

308 S 1st St Oberlin, LA 70655

Estimated payment $366/month

Total Views 384
-- Bed
-- Bath
1,080 Sq Ft
$51 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 3-bedrooms, 2-bathrooms, and provides comfortable living space to those currently occupying it. **Current Income:** $650 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

$832

Year Built

1982

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 corner of 1st and 9th
  • Property Attached Yn: No
  • Special Features: None
  • Year Built: 1982

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: 0.79
  • Land Lease Expiration Date: 2026-01-01
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 7800.0
  • Property Net Operating Income: 650.0
  • 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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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 $832 $4,050 $1,170 $2,880
2023 $842 $4,050 $1,170 $2,880
2022 $847 $4,050 $1,170 $2,880
2021 $843 $4,050 $1,170 $2,880
2020 $846 $4,050 $1,170 $2,880
2019 $852 $4,050 $1,170 $2,880
2018 $861 $4,050 $1,170 $2,880
2017 $859 $4,050 $1,170 $2,880
2015 $829 $4,050 $1,170 $2,880
2013 $554 $2,600 $1,170 $1,430
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 $55,000 -- $51 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,048 --
Cash Sale Deed $20,000 --
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004803

APN: 011-0005220

Louisiana Allen Parish Oberlin 70655

308 S 1st St, Oberlin, LA

This home is located at 308 S 1st St, Oberlin, LA 70655 and is currently priced at $55,000, approximately $50 per square foot. This property was built in 1982. 308 S 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