520 N 1st St N, Oberlin, LA 70655

$172,500

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List Price
$172,500
Status
ACTIVE
Days on Market
49
MLS#
SWL26002734
Subtype
ResidentialIncome
Year Built
1970
Lot Size
0
Acres
0.56
MLS Area Major
Other

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.

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Calculator source: Real Geeks

Listing courtesy of EXIT Bayou Realty.