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$1,749,000
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Lake Charles Area Multi-Family

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1366 Georgia Road Lake Charles, LA 70611

Bed
0 Baths
16040 sqft
MLS# SWL24004379
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Explore this exceptional investment opportunity with 8 newly constructed duplexes on a 1.66-acre lot in Moss Bluff. This property presents a prime chance for buyers looking to enhance their investment portfolio. Each duplex features a modern, one-story design with durable Hardi-plank siding and is built on a slab foundation, offering a total of 16 units. Each unit spans 962 sq/ft and includes a 2 bedroom/2 bathroom layout with an open floor plan, washer/dryer hookups, and stained concrete floors, which are ideal for easy maintenance. The thoughtful design promotes comfortable living spaces that are highly attractive to tenants. All units are separately metered for electricity and come with covered front porches, adding to the appeal and functionality of each space. The property also boasts a new, expanded commercial sewer system capable of supporting two additional duplexes, providing significant expansion potential. Located in Flood Zone X, these properties do not require flood insurance, further enhancing their attractiveness as a low-maintenance investment. All units are leased and will need 36 hour notice for any showings. Don't miss out on this lucrative investment opportunity in a desirable location. Tenants pay all utilities so the fixed income expenses are only $550 month to include trash pickup, septic tank monthly testing, and lawn service. The current insurance premium is: $ 22,108.67 yearly on all buildings and property taxes are $150/ year currently assessed at land only.
Listing Courtesy of SW LOUISIANA ASSOCIATION OF REALTORS / Coldwell Banker Ingle Safari Realty / Robbie Ingle
$231,000
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Rose Park 7 Area Residential

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1600 Anita Street Sulphur, LA 70663

4 Bed
2 Baths
2038 sqft
MLS# SWL24004181
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Discover this beautifully renovated 4-bedroom, 2-bath home in the Maplewood area of Sulphur, boasting 2,038 square feet of redesigned living space on a 0.36-acre lot. Situated on a quiet street, this home has been completely updated with a new roof, fresh sheetrock, interior and exterior paint, a modern HVAC system, and revamped plumbing and electrical systems including fixtures. The stylish vinyl plank flooring throughout ties the whole home together. Enjoy the spacious open floor plan, where the large living room flows seamlessly into the new kitchen and dining area. The kitchen is outfitted with brand-new cabinets, sleek quartz countertops, and stainless steel appliances, perfect for any home chef. The oversized fourth bedroom offers flexibility and could serve as a second living area. The large backyard provides ample space for outdoor activities, and the front of the home features extensive concrete parking. This property is eligible for 100% rural development financing, making it an appealing purchase opportunity. Although situated in Flood Zone AE, the seller currently does not carry flood insurance. This home is currently staged to showcase its potential, though please note that all staging items are reserved by the seller. Seller is installing dishwasher. With its combination of modern updates and a great location, this property is a fantastic choice for anyone seeking a spacious and stylish home. Don't miss out on this turnkey residence. Schedule a showing today to see every detail for yourself and take the first step towards making this your new home!
Listing Courtesy of SW LOUISIANA ASSOCIATION OF REALTORS / Coldwell Banker Ingle Safari Realty / Robbie Ingle