Address
2704 W California Avenue, Ruston, LA
Price
$ 500,000
Property Attributes
- MLS#20443923
- TypeMulti-Family
- CountyLINCOLN
- CityRuston
- NeighborhoodMetes and bounds
- Zip71270
- StyleDuplex
- Price$ 500,000
- Bedrooms10
- Full Bathrooms8
- Half Bathrooms0
- Lot Size1.66 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This property is prime location for rental property in Ruston. 3 1 bed 1 bath Duplexes, and 2 single family residences with 2 bedrooms and 1 bath. Close to Louisiana Tech and Grambling. 100% rented. Large part of property not developed and can be built on with approval from the City to add to rental income. Can be purchased with 2700 W. California which has been used as a rental property. Also available adjacent to that house is .49 Acre lot. Income Rate of 8%
| Elementary School |
|---|
| Louisiana Elementary School |
| Price History | |
|---|---|
| 9/30/2023 | Listed $500,000 |
General Features
| Heating | Electric |
|---|---|
| Complex Name | The Light House |
| Cooling | Wall Unit(s) |
| Utilities | Asphalt,Cable Available,City Sewer,City Water,Electricity Connected,Sewer Available |
| Possession | Upon Completion |
| Roof | Shingle |
| Appliances | Electric Range,Electric Water Heater |
| School District | Louisiana |
| Capitalization Rate | 10.50 |
| Year Built | 1963 |
| Levels | One |
| Will Subdivide | Yes |
| Gross Annual Expenses | 4000.00 |
| Property SubType | Duplex |
| Subdivision Name | Metes and bounds |
| Insurance Expense | 2858 |
| County | Lincoln |
| Property Type | Residential Income |
| Construction Materials | Other |
| Year Built Details | Preowned |
| HOA Type | None |
| Special Notes | Survey Available |
| # of Buildings | 5 |
| Status | Active |
| Directions | Heading west on Hwy 80 leaving Ruston,property will be on your right |
| City | Ruston |
| Buyer Agent Compensation | 3.3% |
| Elementary School Name | Louisiana |
| High School | Louisiana |
| Street Name | California |
| Elementary School | Louisiana |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20443923 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Open Floorplan |
|---|---|
| Flooring | Carpet,Luxury Vinyl Plank |
| Occupancy Rate | 100 |
| Total Units | 5 |
| Unit Count | 2 |
| Full Baths | 8 |
| Lock Box Type | None |
| Street Suffix | Avenue |
| Total Bedrooms | 10 |
Exterior Features
| Lot Features | Cleared |
|---|---|
| Parking Features | Asphalt,On Site |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 1.6600 |
| Number Of Parking Spaces | 12 |
| Lot Size Units | Acres |
| Building Area Total | 3080.00 |
| Lot Size Square Feet | 72309.6000 |
| Lot Size Acres | 1.6600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 71270
Price
Visits
Year Built
Walkscore
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