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Listed by EXIT Bayou Realty
$ 172,500
Est. payment /mo
Active
520 N 1st ST N Oberlin, LA 70655
2,500 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $69
MLS Listing ID SWL26002734
HOA Y/N No
Year Built 1970
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 116x270x124x265
Property Sub-Type Apartment
Property Description
Don't miss this excellent income-producing investment opportunity! This well-maintained brick 4-plex offers four 1-bedroom, 1-bathroom units, each thoughtfully designed with comfortable living spaces, functional kitchens, and spacious bedrooms that appeal to long-term tenants. Currently generating $2,400 per month in rental income and fully tenant-occupied, this property provides immediate cash flow from day one. The durable brick exterior offers timeless curb appeal and low-maintenance ownership, while the property's strong rental history demonstrates consistent demand and reliable returns. Conveniently located near local amenities, shopping, dining, and everyday conveniences, this multi-family property is well-positioned for continued occupancy and long-term appreciation. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this 4-plex presents an outstanding opportunity to own a proven asset with steady revenue potential. Property is cross-listed. Age of property is estimated. All measurements are more or less.
Location
State LA
County Allen
Area Other
Direction North on Hwy 165, left on 6th Avenue, right on 1st, property at the end of 1st before the curve
Interior
Fireplace No
Exterior
View Y/N No
Water Access Desc Public
Private Pool No
Building
Lot Description Corner Lot, City Lot, Irregular Lot
Story 1
Sewer Public Sewer
Water Public
Others
Tax ID 0110031500B
Special Listing Condition Standard