NOT LISTED FOR SALE

320 N 1st St Oberlin, LA 70655

-- Bed
-- Bath
1,160 Sq Ft
0.5 Acres

Last Sold February 05, 2025

77 Days on Market

About This Home

As of February 2025

**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, PLUS an additional home on the property with a large suite that brings additional income. **Current Income:** $1150 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

  • 1983

Lot Details

  • 0.5

Location

  • City Lot

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,150
  • Net Operating Income $1,150

Property Details

Home Type

Condominium

Year Built

1983

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Irregular Lot
  • LotSizeAcres: 0.5
  • Lot Size: irregular
  • Co List Office Phone: 337-905-9000
  • Special Conditions: Standard
  • Directions: North on Hwy 165, left on 6th Avenue, right on 1st, property on left
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 70000.0
  • Special Features: None
  • Stories: 1
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 1150.0
  • Property Net Operating Income: 1150.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
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Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2025 02/05/25 Sold -- -- --
11/06/2024 11/06/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $90,000 -- $78 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004993

Louisiana Allen Parish Oberlin 70655

320 N 1st St, Oberlin, LA

Not Listed for Sale

Condos

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