$50,000
SOLD OCT 18, 2024
Last list price

708 Justin Ln Oberlin, LA 70665

-- Bed
-- Bath
1,200 Sq Ft
1980 Built

Recently Sold

$42 Per Sq Ft

40 Days on Market

About This Home

As of October 2024

Prime Investment Opportunity Explore this well-maintained property, offering excellent potential for investors. This property provides a solid opportunity for immediate rental income or long-term value growth. Property Overview: This charming residence includes 1 bedroom and 1 bathroom, featuring a functional and cozy layout. Current Status: The property is currently occupied by reliable tenants, ensuring immediate rental income. Outdoor Space: The manageable yard offers room for outdoor activities or enhancements, with low-maintenance landscaping to keep upkeep minimal. Investment Value: With steady tenant occupancy and a desirable location, this property is a strong choice for investors seeking stable returns and long-term growth potential. Don't miss this opportunity to add a high-value property to your portfolio. Act quickly to secure this promising investment!

Last Agent to Sell the Property

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/13/2024

Last Buyer's Agent

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/13/2024

Property Details

Home Type

Condominium

Year Built

1980

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 268x178x272x185
  • Co List Office Mls Id: 423
  • Co List Office Phone: 337-905-9000
  • Directions: From Hwy 165, west on Hwy 26, right on 1st, Justin Lane on right
  • Property Attached Yn: Yes
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Stories: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Land Lease Expiration Date: 2025-02-01
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600.0
  • Property Net Operating Income: 2050.0
  • Annual Operating Expense: 50.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

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

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold -- -- --
09/22/2024 09/22/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $50,000 -- $42 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Landry

    EXIT Bayou Realty

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004800

Louisiana Allen Parish Oberlin 70655

708 Justin Ln, Oberlin, LA

This home is located at 708 Justin Ln, Oberlin, LA 70665 and is currently priced at $50,000, approximately $41 per square foot. This property was built in 1980. 708 Justin Ln 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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