Income Triplex with Shared
For Sale
$210,000
200 NE 1st Street, Springhill, LA 71075
COMMERCIAL - Springhill, LA
Lot Size0.12 Acres
Days on Market143
Property Features for 200 NE 1st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
DOWNTOWN BUSINESS.
Parking features
On Street
Subdivision
Pine Woods Lumber
Directions
USE GPS OR GOOGLE MAPS.
Standard status
Active
APN
124117
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
3
Flooring type
Vinyl
Building materials
Brick
Roof type
Built-Up
Listing Agency:
McMullan Realty
(318) 539-1111
Listed By:
Dennis McMullan · License #0000022930
(318) 539-1111
Added: Mar 10
Changed: Jun 4
Last Checked: Jul 30 at 1:06PM
MLS# 20706095
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Investment Insights
Based on property information with market context.
This offering consists of three connected buildings locally known as the Higinbotham Buildings at 200, 202, and 204 1st Street N.E. The units are to be sold together because they share a roof. The property is currently operating with one tenant, providing a simple, income-oriented setup for an investor or owner-operator.
The assemblage totals approximately 0.12 acres. The buildings are located in Springhill, Louisiana (Webster County). The sale is structured as a single purchase of all three addresses, which can streamline ownership and management compared with separate properties.
With a recent $35,000 investment in a new roof, this triplex-style income asset may appeal to buyers looking for a multi-unit residential income property with an improvement already completed. The shared-roof configuration and current occupancy can support investors who prefer consolidating units into one ownership group, while keeping the acquisition aligned with existing operational reality.
The assemblage totals approximately 0.12 acres. The buildings are located in Springhill, Louisiana (Webster County). The sale is structured as a single purchase of all three addresses, which can streamline ownership and management compared with separate properties.
With a recent $35,000 investment in a new roof, this triplex-style income asset may appeal to buyers looking for a multi-unit residential income property with an improvement already completed. The shared-roof configuration and current occupancy can support investors who prefer consolidating units into one ownership group, while keeping the acquisition aligned with existing operational reality.
Key Highlights
- Sold together as the Higginbotham Buildings: 200, 202, and 204 1st Street N.E., sharing a roof
- Currently has 1 tenant
- Owner reports $35,000 spent on a new roof
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 71075, LA
5,844
Population
3,027
Households
1.9
Avg Household Size
43
Median Age
12%
College-Educated
80%
High-School Grad
35.2 sq mi
ZIP Area
166
Density / Sq Mi
$33,189
Median Household Income
$24,073
Median Earnings
$779
Median Rent
$109,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit income property is offered together under one roof, with a recently replaced roof for added durability.
Where is this triplex located?
The property is located at 200 NE 1st Street Springhill, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Sold together as the Higginbotham Buildings: 200, 202, and 204 1st Street N.E., sharing a roof; Currently has 1 tenant; Owner reports $35,000 spent on a new roof
