489 W RAILROAD Avenue, Independence, LA 70443
Not a Subdivision · Tangipahoa County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Traditional
Year Built
1915
Living Area
2,270 sq ft
Lot Dimensions
25x110, 35x145
Days on Market
105
MLS® Listing#
2546546
Property Features
Exterior
Cooling
Heating
Pool
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Parcel Number
0INDY00000805
Directions
From I-12, Exit Independence to right, make right on W Railroad (Hwy 51), building on right
Affordability Calculator
$21,800
Estimated monthly payment
$580/mo
Principal $87,200 · Est. interest $121,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Independence, LA
- $215,385
- Median Listing Price
- 74
- Median Days on Market
- 1,507
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 36
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 64% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Independence, LA.
Location
Map is currently unavailable for this location.
Points of Interest in Independence, LA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 13250 CAPACE Road, Independence, LA | $90,000 | 2 | 1 | 756 |
| 157 CHARLES ANZALONE Avenue, Independence, LA | $90,000 | 2 | 1 | 1,650 |
| 272 HWY 40 E Highway, Independence, LA | $107,000 | 3 | 2 | 1,505 |
| 117 CHARLES ANZALONE Avenue, Independence, LA | $120,000 | 3 | 1 | 1,308 |
| 120 TULANE Avenue, Independence, LA | $129,500 | 2 | 1 | 1,163 |
Moving Cost Estimate
EXIT Agents in Independence
Listing Courtesy: Keller Williams Realty Services - 9857277000