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$ 85,000
Est. payment /mo
Pending
1623 4th ST Lake Charles, LA 70601
3 Beds
2 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2020023936
Bedrooms 3
Full Baths 2
Lot Size 0.305 Acres
Property Sub-Type Multi Family
Property Description
Income-Producing Property - 1623 4th St, Lake Charles, LAA fantastic opportunity for investors! This property features two single-family homes, each with long-term 12-month leases, generating consistent rental income.The front home is a 2-bedroom, 1-bathroom unit that is currently tenant-occupied, providing $795/month in rental income. This home includes central air and heat, inside laundry in a separate room, and a detached 2-car garage with additional storage space, offering extra convenience for tenants.The rear home is also a 1-bedroom, 1-bathroom residence and has recently undergone updates and repairs. It will soon be rented for $750/month, contributing to a total potential monthly cash flow of $1,545! This unit includes a washer and dryer for added convenience, but it does not have central air or heat.Each home is separately metered, making utility management simple for both owner and tenants.Located in Lake Charles, this property presents a turnkey investment opportunity with steady income potential. Don't miss out on this chance to add a high-performing rental asset to your portfolio!
Location
State LA
County Calcasieu
Direction From Broad Street, travel South on 2nd Avenue. Take a left (East) on 4th Street, home is on the right (North).
Interior
Heating Central, Heat Unit(s)
Cooling Ceiling Fan(s), Central Air, AC Unit(s)
Appliance Refrigerator
Exterior
Fence None
Roof Type Other
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools Call School Board
Middle Schools Call School Board
High Schools Call School Board
Listed by Keller Williams Realty L C