Sold
INVESTMENT PROPERTY-RICHLAND PARISH, LA
$525,000
Rayville, Richland Parish, Louisiana
Description
4.72± Acre Investment Opportunity located in Richland Parish, LA!
Excellent investment opportunity in Rayville, LA, located approximately 7± miles (as the crow flies) west of the Meta Data Center. This 4.72± acre property offers multiple income-producing opportunities with room for additional value.
The property includes 8 total homes, with:
• 4 currently leased producing rental income:
-1 home rented for $600/month (212 Ray St)
-3 homes rented for $650/month (114 Coleman St, 110 Coleman St, 209 Rescue)
• 2 owner-occupied homes (216 Ray St, 104 Coleman St)
• 2 vacant homes needing renovation. (207 Rescue, 213 Rescue)
Also included in the sale is an additional 0.25± acre vacant lot and a beautiful 2.7± acre pecan orchard, providing even more investment possibilities.
Call today for more information or to schedule your private showing!
Details
- Status
- Sold
- Property Type
- Commercial, Residential, Land
- Price
- $525,000
- Acres
- 4.72 ACRES
- Address
- COLEMAN ST.,RAY ST., AND RESCUE ST.
- City
- Rayville
- Parish / County
- Richland Parish
- State
- Louisiana
- Zip
- 71269
Mortgage calculator
Principal and interest only on a $525,000 price. Taxes, insurance, and fees are not included.
Down payment
$105,000
20%
Loan amount
$420,000
Monthly mortgage payment
$2,654.69
Loan term
Estimate only. Not a loan offer.