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About This Home
This 0-bedroom, 0-bathroom residential multi family at 489 W RAILROAD Avenue in Independence, LA is listed for $119,000 ($52 per sqft). Built in 1915, the home offers 2,270 sqft of living space on a N/A lot.
Quintessential historic masonry store front in revitalizing Independence begs your imagination to run wild. A blank slate, this building would make an excellent 2-unit multi-family investment. It has been gutted with many renovations completed including new windows, new electrical panels, new water supply line, new 10-year roof coating, spray foam insulation under roof decking, and newly redesigned apartment floor plan upstairs.
Approx 1135 sf living on each floor. A most unique detail of this property is that it sits on 2 CITY LOTS adding to the redevelopment possibilities! Come be part of the renaissance of historic main street Louisiana!
Key Features
- Built in 1915
- 2 stories
Property Details
Monthly Cost Estimate
$636/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
489 W RAILROAD Avenue
Independence, LA 70443
Not a Subdivision
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 489 W RAILROAD Avenue is listed at $119,000 ($52/sqft). The estimated monthly payment is $516 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 2 stories. Exterior Features: Balcony.
This property is listed by Bart Gillis and can be reached at (985) 727-7000 or bartgillis2@gmail.com.
