5 fully rented units located just steps from McNeese State University. This unique property is turnkey and ready for its new owners. These 5 rentals are located in a residential neighborhood and not a typical apartment complex. Each unit was renovated after hurricane Laura with the duplex being almost fully rebuilt. All parking has been redesigned to maximize space for each unit while also serving as a backup to the already oversized drainage system. Ensuring protection of your investment even in the harshest weather events. There are a total of 4 structures on the property that make up 5 total rental units with a large empty concrete slab and space to add another small unit. Seller was planning to move one of the homes and build a duplex in its place to make a total of 6 units. These rentals stay rented, and most tenants are long term residents. Every unit received a new roof after Hurricane Laura. 4110 Auburn St is a 1,776 sqft, 3 bed 2 bath single family home currently rented for $1,500. Home has been freshly painted with new tile floors running throughout and vinyl plank in the living room. There is a 2-car attached carport with a 3rd uncovered parking spot. There is an attached carport shop which is not included in the rental where the seller keeps tools, extra materials, and any maintenance items. Ask agent about the unique way this unit stays rented with guaranteed rent. 4110 1/2 Auburn St is a 619 sqft 1 bed 1 bath single family home currently rented for $925. Built around 2008 this small but quaint home is favorite among tenants and almost always has a waiting list. Seller has only had to list it for rent twice in 10 years. Outside features its own backyard (could be fenced in for increased rent), a covered patio, and designated parking. Inside boast an open floor plan with tiled floors throughout, vaulted ceilings, walk-in tiled shower, modern kitchen with granite countertops, and spacious bedroom. 4108 Auburn St is a 967 sqft 3 bed 1 bath single family home currently rented for $800 plus lawn care. Private driveway with parking and front porch deck. Current tenant has lived her for nearly 15 years and maintains the lawn for the entire property as part of their rent. 4108 B & 4106 Auburn is a 2-story duplex. Each unit is a 1 bed and 1 bath currently rented at $825 each ($1,650) This duplex was almost fully rebuilt following Hurricane Laura. The building received a new roof, new vinyl siding, all new double pane windows, new smart window units with heat, and all new plumbing. Inside all the following items are brand new: sheetrock walls, vinyl plank flooring throughout (upstairs bedroom has real wood floors), light fixtures and ceiling fans, kitchen cabinets and granite countertops, all plumbing fixtures, vanities, tubs and tub surrounds. Tenants are responsible for all utilities except the water at 4110 & 4110 1/2 Auburn St are paid by owner. Owner/Agent
Fantastic investment opportunity with great income potential! This updated property offers new central AC, roof, sheetrock, doors, trim, windows, electrical work, and more. Currently a 1 bed/1 bath duplex, Unit A rents for $750/month with a $750 deposit, while Unit B rents for $800/month with an $800 deposit. Measurements are M/L. See attached Rent Roll and Income Statement for Costs associated with this listing.
Welcome to this income-generating duplex in Lake Charles, featuring two 1-bedroom, 1-bath units. With a total of 1,440 square feet of living space, this property sits on a 0.20-acre lot (M/L) in Flood Zone X, providing peace of mind with its high and dry location. Unit A rents for $745 per month with a $700 deposit, while Unit B rents for $677 per month with a pet deposit and a $650 deposit on file. Tenants pay all their own utilities. A great investment opportunity for those looking to expand their rental portfolio! Measurements are M/L.
Investment Portfolio with HIGH INCOME POTENTIAL cash flow! 34 total units for sale as a bundle. Well established tenant history on all units. Low monthly overhead on all units. All units located in Calcasieu parish(Lake Charles, LA and Sulphur, LA) and FLOOD X! Please contact listing agent for more in depth analysis of cost benefits, etc. All units currently tenant occupied and showings must be scheduled in advance by appointment only with listing agent present for access. Don't miss this chance to expand your existing portfolio or get started in the income property space.
Two duplexes – FULLY rented! It includes 4 units, each with 3 bedrooms, 3 FULL bathrooms, and 1 half bath. All units are 2-story with spacious laundry room, open concept living area/kitchen, with access to the backyard. Built in 2016 and conveniently located in South Lake Charles within a 5-minute drive to McNeese State University campus. 3 units have been refreshed with some new painting on walls and ceilings. Floors have been recoated and look almost new. Three A/C units recently serviced and exterior pressure washed as of August 2024. Sale includes both 870 A/B and 878 A/B included in listing. Agents, see attached supplements for more info on recent updates and repairs. Contact listing agents to schedule a showing or for additional information!
Are you ready to start your rental portfolio or add onto your current portfolio? This is the property for you! Just minutes away from McNeese State University, this property is conveniently located! There are 2 houses on the property. House 1 is a 1 bedroom, 1 bathroom, but has space to add an additional bedroom. House 2 is a 2-bedroom, 1 bathroom, but has space to add an additional bedroom. We are priced to sell, so look no further for your next investment property!
Welcome to this fantastic income-producing residential property, perfectly suited for investors seeking a hassle-free investment opportunity. This charming 3-bedroom, 1-bath home has been recently renovated, ensuring modern comforts and aesthetic appeal. Seller is a licensed real estate broker.
The median home value in Lake Charles, LA is $179,400. This is higher than the county median home value of $177,900. The national median home value is $338,100. The average price of homes sold in Lake Charles, LA is $179,400. Approximately 48.16% of Lake Charles homes are owned, compared to 34.93% rented, while 16.91% are vacant. Lake Charles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Charles real estate agent to arrange a tour today!
Lake Charles, Louisiana 70607 has a population of 83,444. Lake Charles 70607 is less family-centric than the surrounding county with 25.37% of the households containing married families with children. The county average for households married with children is 30.36%.
The median household income in Lake Charles, Louisiana 70607 is $49,913. The median household income for the surrounding county is $59,470 compared to the national median of $69,021. The median age of people living in Lake Charles 70607 is 35.6 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 40.7 degrees. The average rainfall is approximately 61.9 inches per year, with 0 inches of snow per year.