$105,000

509 Park Avenue, Franklin, LA 70538

3 beds |
2 baths |
2,404 sqft

Single-Family Home
Built in 1965
10,019sqft lot
—— car garage
$44/sqft
Listed 2 months ago

Property Description

This home is waiting for the right owner to make it PERFECT! The bones are in tact and just need some cosmetic attention. This property can be flipped or used as an income generating opportunity. This property is near to schools, not far from Main Street, shopping and restaurants. A good power washing and some elbow grease will get this place looking great again! The 1st 15 days of listing period the property is Exclusively available for sale to Owner-Occupant Buyers, HUD-approved Nonprofits, and Governmental Entities and after the expiration of 15 days it is available for sale for any other investor.Investors:Investor Opportunity - Buy & Hold PotentialBank-owned property being sold as-is, where-is. Ideal opportunity for buy-and-hold investors seeking long-term rental income.Property is located in a stable rental corridor with consistent tenant demand. Comparable rentals in the area support strong monthly cash flow.Features favorable to long-term ownership including durable construction, manageable square footage, and utility access. Flood zone X.Suitable for conventional, renovation, or cash buyers. No repairs will be made by seller. Buyer to verify condition, zoning, and rental regulations.Contact listing agent for any questions.

Listing Status:: Active
Data Last Updated:: April 4, 2026 at 4:06PM
Listing Office:: Compass : 337-233-9700
Listing Agent:: Steven Mora : 504-239-9745
MLS ID:: 2500006988

General: Formica Counters
Appliances: DishwasherGas Cooktop
Flooring: Concrete
A/C: Central Air
Heating: CentralNatural Gas

General: Lighting
Style: Ranch
Other Structures: Covered
Parking: CarportParking spaces: 2

Roofing: Composition
Windows: Aluminum Frames
General: Wood SidingBrick1Pillar/Post/PierSlab

Road/Access: City Street
Originating MLS: RAA
School District: St Mary Parish
County: St. Mary

Zoning: ResdentialLot 1314 Park Ave subd BLKD D ACQ 293318762 Park Ave Subd.2234661027.00 01
Fencing: Chain Link

Utilities: Elec: CityElectricity on Property
Sewer: Public Sewer

Source: RAA

This listing courtesy of Steven Mora , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

W. P. Foster Elementary School

101 2nd St, Franklin, LA, 70538

Grades PK-5

0.33 miles away

Franklin Junior High School

525 Morris St, Franklin, LA, 70538

Grades 6-8

0.14 miles away

Franklin Sr. High School

1401 Cynthia St, Franklin, LA, 70538

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.