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$198,500   Price Analysis
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919 W Seventh Ave
Oberlin, LA 70655
Unknown bed None bath 1,498 SqFt ($132/SqFt)
1.21 acre lot. Built 1990
Listed 2024-06-10, Taxes $1,417
USDA Eligible
near Oberlin, LA
 

Investment Opportunity!

Beautiful Duplex with Room to Grow!! Welcome to your next lucrative investment in Louisiana! This stunning duplex offers not one, but two roomy units, each featuring 3 bedrooms and 2 bathrooms, ideal for attracting long-term tenants or short-term vacation renters. Situated in close proximity to the renowned Coushatta Casino, Alexandria and DeRidder, this property promises excellent return on investment potential. The allure of nearby entertainment and amenities ensures a steady stream of tenants, whether they're drawn to the excitement of the casino or the charm of nearby towns. Each unit boasts ample living space, perfect for families or groups of friends looking for comfortable accommodations. The open-concept layouts create a welcoming atmosphere, while the bedrooms provide privacy and relaxation. Outside, the property features well-maintained landscaping and ample parking for tenants and guests. Plus, with easy access to major highways and local attractions, residents will appreciate the convenience of this location. Utilities are present for a mobile home or two on the property as space allows!

Don't miss out on this incredible investment pportunity! Whether you're a seasoned investor or starting out, this duplex promises both immediate cash flow and long-term appreciation potential. Schedule a showing today and s eize the chance to add this gem to your portfolio!


Presented by Jessica Landry at
EXIT Bayou Realty.
Listing Agent Photo

Property MLS #SWL24003396 from GreaterSouthern

Dishwasher
Refrigerator
Range/Oven
Laundry Features: Dryer Included, Washer Included

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Lot Description: Irregular Lot
Lot Size Acres: 1.21
Lot Size Dimensions: irr
Lot Size Square Feet: 52708

Road Frontage Type: County Road
Road Surface Type: Paved

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2

Gross Income: 1700.00
Gross Scheduled Income: 1700.00
Number of Units Leased: 2

Source Listing Status: Active
County: Allen
Directions: From I10, go north on Hwy 165, left on 6th Avenue through town to 7th, property on left, no sign posted
Source Property Type: Residential Income
Inclusions: Washer, dryer, refrigerator, range/oven, dishwasher
Source Neighborhood: Ryder Brothers Sub
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 011-0023110
Subdivision: Ryder Brothers Sub
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6,400 + $650
$7,050
$1,417
2021$6,400 + $650
$7,050
$1,409
2020$6,400 + $650
$7,050
$1,415
2019$6,400 + $650
$7,050
$1,425
2018$6,400 + $650
$7,050
$1,441
2017$6,400 + $650
$7,050
$1,438
2016$6,400 + $650
$7,050
$1,369
2015$6,400 + $650
$7,050
$1,386
2014$6,400 + $650
$7,050
$1,343
2013$6,400 + $650
$7,050
$1,445
2012$6,400 + $650
$7,050
$1,408
2010$6,400 + $650
$7,050
$1,437

Listed 2024-06-10
$198,500
GreaterSouthern

Net Operating Income: 1640.00
Operating Expense: 500.00

Year Built: 1990
Building Area Total: 1498
Construction Materials: Brick
Foundation Details: Slab
Property Age: 34
Property Condition: Turnkey
Roof: Metal
Levels or Stories: 1
House Style: Traditional

Sewer: Public Sewer
Electricity Connected
Natural Gas Available
Sewer Connected
Water Connected
Water Source: Public

Oberlin High School is a public middle and high school located approximately 0.5 miles away.
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Oberlin Elementary School is a public elementary school located approximately 0.5 miles away.
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Oberlin Covenant Christian School is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.