1. Louisiana
  2. Lake Charles
  3. 1623 4th Street
$85,000

1623 4th Street, Lake Charles, LA 70601

  • 3 beds |
  • 2 baths |
  • 3,120 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $27/sqft
  • Property List Date Icon Listed 6 days ago

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!

Listing Status:
Active
Listing Office:
Keller Williams Realty L C : 337-433-1171
Listing Agent:
Wallace Myers : 337-368-7553
MLS ID:
2020023936
  • Appliances: Refrigerator
  • A/C: Ceiling Fan(s)Central AirAC Unit(s)
  • Heating: CentralHeat Unit(s)

This listing courtesy of Wallace Myers, Keller Williams Realty L C

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »

Location

Schools Nearby

P

Pearl Watson Elementary School

1300 5th St, Lake Charles, LA, 70601

Grades PK-5

0.27 miles away

O

Oak Park Middle School

2200 Oak Park Blvd, Lake Charles, LA, 70601

Grades 6-8

1.53 miles away

L

LaGrange High School

3420 Louisiana Ave, Lake Charles, LA, 70607

Grades 9-12

1.98 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.