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About This Home
This 3-bedroom, 2-bathroom single family at 509 Park Avenue in Franklin, LA is listed for $105,000 ($44 per sqft). Built in 1965, the home offers 2,404 sqft of living space on a 0.23 acres lot.
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 Potential Bank-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.
Key Features
- Built in 1965
- 0.23 acre lot
Property Details
Amenities
Monthly Cost Estimate
$562/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
509 Park Avenue
Franklin, LA 70538
Park Ave
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 509 Park Avenue is listed at $105,000 ($44/sqft). The estimated monthly payment is $455 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.23 acre lot. Exterior Features: Lighting, Outside Light.
This property is listed by Steven Mora and can be reached at 5042399745 or steven.mora@compass.com.






















