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2031 3rd Street

Lake Charles, LA 70601
  • $649,900
  • STATUS: Active
  • ON SITE: 232 Days
  • MLS #: SWL23007065
$649,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $4,353 per year for the 2031 building and $2,638 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and most are already rented. The seller is actively preparing the vacant units for rent, presenting an excellent income-producing opportunity. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Don't wait; it won't be available for long.

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© 2024 Southwest Louisiana Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Bono Realty. Data last updated: 2024-07-19T00:00:24.813.

Licensed in the State of Louisiana, USA. .
Century 21 Bono Realty || 337-478-1578 || Lake Charles, LA

www.louisianabestrealestate.com/homes/145582835
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2031 3rd Street Lake Charles, LA 70601

  • Price: $649,900
  • Status: Active
  • On Site: 232 Days
  • MLS #: SWL23007065
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1980
Built
Neighborhood:
High School Park Add
County:
Calcasieu
Property Description
Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $4,353 per year for the 2031 building and $2,638 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and most are already rented. The seller is actively preparing the vacant units for rent, presenting an excellent income-producing opportunity. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Don't wait; it won't be available for long.
Exterior Features

Architectural Style Traditional Construction Materials BrickHardiPlank Type Foundation Details Slab Levels Two Parking Features Parking Lot Pool Features None Pool Private YN No Road Surface Type Paved Roof Shingle Spa Features None Spa YN No

Interior Features

Appliances Electric OvenElectric RangeWater Heater Common Walls 2+ Common Walls Cooling Ceiling Fan(s)Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features Washer HookupElectric Dryer HookupLaundry RoomOutsideSee Remarks Window Features Casement Window(s)

Property Features

Association Fee 0 Association YN No Building Area Total 8911 Common Interest None Community Features Street Lights Gross Scheduled Income 7050 Land Lease YN No Listing Agreement Exclusive Right To Sell Lot Features PavedRectangular Lot New Construction YN No Property Attached YN No Property Condition Turnkey Property Sub Type Apartment Security Features Security Lights Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected View Neighborhood Water Source Public

Listing information © 2024 Southwest Louisiana Association of REALTORS MLS.
Listing provided courtesy of Coldwell Banker Ingle Safari R: (337) 478-1601.



© 2024 Southwest Louisiana Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Bono Realty. Data last updated: 2024-07-19T00:00:24.813.

Licensed in the State of Louisiana, USA. .
Century 21 Bono Realty || 337-478-1578 || Lake Charles, LA

 
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Century 21 Bono Realty
4410 Nelson Rd
Lake Charles LA, 70605