601 S Bonner Street, Ruston, LA 71270
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
601 S Bonner Street,Ruston, LA 71270
$149,000
- 3 Beds
- 2 Baths
- 1,419 sq. ft.
- Single family
- Active
Listed by:justin bryant
Office:lincoln realty
MLS#:215828
Source:LA_NEBOR
Price summary
- Price:$149,000
- Price per sq. ft.:$93.77
About this home
Investor-ready 3-bedroom, 2-bath home on a corner lot near Downtown Ruston and Louisiana Tech. Features include hardwood floors, spacious living and dining areas, and a classic layout. Currently leased at $1,100/month through July 2026, offering consistent income. At the $149,000 list price, this property delivers an estimated 8.4% cap rate based on a 20% expense ratio. There's also room for future rent increases to further improve returns. 24-hour notice required for all showings due to tenant occupancy.
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Home facts
- Listing Id #:215828
- Added:10 day(s) ago
- Updated:August 14, 2025 at 03:14 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,419 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Asphalt Shingle
- Building area:1,419 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$149,000
- Price per sq. ft.:$93.77
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