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In-PersonVirtual Tour
$ 499,500
Est. payment | /mo
7,290 SqFt
$ 499,500
Est. payment | /mo
7,290 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,290 sqft
Price per Sqft $68
Subdivision Laws And Huth
MLS Listing ID BY2025007239
Lot Size 17424.000 Acres
Acres 0.4
Property Sub-Type Business
Property Description
Located just minutes from the charm of Historic Downtown Franklin, this rare investment package includes a single-family home, a duplex, and a triplex--all fully rented and generating $3,920/month in rental income. Even though these units bring in $3,920 a month they still definitely have more potential for a higher income. These properties are also situated in an X flood zone and do not require flood insurance, providing added savings and peace of mind for investors or owner-occupants. ?? Property Breakdown: * 1 Duplex - Features (1) 2-bedroom and (1) 1-bedroom units. * 1 Triplex - Features (1) 3-bedroom and (2) 2-bedroom units. * 1 Single-Family Home - This unit has a 2-bedroom layout. * All properties are located on the same block for convenient management and maintenance. With these units, this setup provides excellent flexibility for multiple rental strategies. Whether you're an investor looking for cash flow or a homeowner interested in house hacking, this is a rare chance to own a diverse portfolio in one of Louisiana's most character-rich communities. ?? Location Highlights: * Walking distance to Franklin's historic Main Street * Quiet residential area with local charm * Easy access to local shops, restaurants, and schools HUGE BONUS: If you purchase these units we will THROW IN a LOT that is part commercial/part residential that is on the same street as these units. The lot is also listed separately, and the address is 1215 Main Street, Franklin, LA 70538.
Location
State LA
Interior
Heating Central, Electric, Natural Gas, Wall Furnace
Cooling Central Air, Window Unit(s)
Exterior
Exterior Feature None
Parking Features Assigned, Concrete, Covered, Parking Lot, Secured
Roof Type Composition,Metal
Garage false
Building
Foundation Slab
Others
Tax ID 2264721431.00
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Listed by KELLER WILLIAMS REALTY BAYOU P