920 North Main Street

Homer, LA 71040

$65,500
Price
6
Beds
4
Baths
3,056 Sq. Ft.
$21 / Sq. Ft.
3,056
Sq. Ft.
$21
per Sq. Ft.

Description

Unlock the potential of this promising investment property in Homer. This triplex, located across from a serene park, offers a fantastic opportunity for those with a vision. The property consists of two 1 bedroom, 1 bathroom units and one expansive 4 bedroom, 2 bathroom unit. While the property needs some work, its prime location makes it a worthwhile endeavor. Tenants will enjoy the convenience of being within walking distance to the hospital, making it an attractive option for healthcare professionals...Unlock the potential of this promising investment property in Homer. This triplex, located across from a serene park, offers a fantastic opportunity for those with a vision. The property consists of two 1 bedroom, 1 bathroom units and one expansive 4 bedroom, 2 bathroom unit. While the property needs some work, its prime location makes it a worthwhile endeavor. Tenants will enjoy the convenience of being within walking distance to the hospital, making it an attractive option for healthcare professionals or those seeking easy access to medical facilities. Additionally, the property is just minutes from shopping and dining, adding to its desirability. With some renovations, this triplex can be transformed into a highly sought-after rental property, providing excellent returns on investment. Embrace the chance to add value and capitalize on this unique opportunity in a thriving area.
  1. Listed by Suzanne Foster • Century 21 Elite • 318-868-3600

Property Details for 920 North Main Street

Subdivision Name
Rural
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4
LISTING UPDATED: 11/21/2024 11:13 AM

Property Details for 920 North Main Street

StatusActive
MLS #20694636
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1960
Lot Size0.46 AC / 20,081 SF
CountyClaiborne Parish

Building Information for 920 North Main Street

Stories2Residences3Year Built1960Building Size-Lot Size0.46 AC / 20,081 SF

Property Information for 920 North Main Street

Summary
Location and General Information
  • Community Features: Park, Playground
  • Complex Name: None
  • Directions: It is directly across from the park in Homer. GPS will take you there.
  • Elementary School: Claiborne PSB
  • Elementary School Name: Claiborne PSB
  • High School: Claiborne PSB
  • High School Name: Claiborne PSB
  • Middle School: Claiborne PSB
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Sch.Dist.#13
  • Geocode Confidence: High
  • Latitude: 32.79
  • Longitude: -93.06
  • State: Louisiana
Parking
  • Parking Features: Driveway, No Garage, On Site
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: BEG. AT INTERS. W. LINE NE/4 SW/4, SEC. 23/21
  • Association Type: None
  • Special Taxing Entities: No
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Laminate, Wood
  • Heating: Wall Furnace
  • Interior Features: Cable TV Available, Eat-in Kitchen
  • Appliances: Electric Range, Refrigerator
  • Cooling: Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Other
  • Construction Materials: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Metal
  • Number Of Units Total: 3
  • Levels: Two
Property
Utilities
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Concessions YN: Yes
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.461
  • Lot Size Area: 0.461
  • Lot Size Units: Acres
  • Lot Size Square Feet: 20081.16
  • Multi Parcel ID: Yes
  • Parcel Number: 0730035248
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 27.13%
  • Gross Annual Expenses: $3,420
  • Gross Annual Income: $21,600
  • Insurance Expense: $413
  • Net Operation Income: $17,767.00
Unit 1
  • Approximate SQFT: 0.0
  • Average Lease Amount: $600.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
Unit 2
  • Approximate SQFT: 0.0
  • Average Lease Amount: $700.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 4 Bedroom Or More
Unit 3
  • Approximate SQFT: 0.0
  • Average Lease Amount: $500.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom

Property History for 920 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 920 North Main Street

Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Homer Junior High School
Public5 to 8

Homer High School
Public9 to 12

Homer Elementary School
PublicPK to 4

Haynesville Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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920 North Main Street is a multi-family home for sale in Homer, LA 71040. This property was listed for sale on August 6, 2024 by Century 21 Elite, it's currently listed at $65,500. Nearby schools include Homer Junior High School, Homer High School and Homer Elementary School. 920 North Main Street is a 6-bed, 4-bath, 3,056 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Elite, Suzanne Foster

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/21/2024 11:13 AM