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2031 3rd Street

Lake Charles, LA 70601
  • $648,000
  • STATUS: Active
  • ON SITE: 440 Days
  • MLS #: SWL23007065
UPDATED: 51 min ago
$648,000
  • 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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© 2025 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: 2025-02-12T08:01:10.91.

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: $648,000
  • Status: Active
  • On Site: 440 Days
  • Updated: 51 min ago
  • 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 Brick Hardi Plank Type Foundation Details Slab Parking Features Parking Lot Pool Features None Pool Private YN No Roof Shingle Spa Features None Spa YN No Window Features Casement Window(s)

Interior Features

Appliances Electric Oven Electric Range Water Heater Building Area Total 8911 Common Walls 2+ Common Walls Cooling Ceiling Fan(s) Wall / Window Unit(s) Cooling YN True Fireplace Features None Fireplace YN No Heating YN Yes Laundry Features Washer Hookup Electric Dryer Hookup Laundry Room Outside See Remarks Levels Two

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Elevation Units Feet Fencing None Land Lease YN No Lot Features City Lot Paved Rectangular Lot Lot Size Units Acres New Construction YN No Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 2 Property Attached YN No Property Condition Turnkey Property Sub Type Apartment Property Sub Type Additional Apartment Rent Control YN No Road Surface Type Paved Security Features Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 2 Tenant Pays Electricity Utilities Cable Available Electricity Connected Sewer Connected Water Connected View Neighborhood View YN Yes Water Source Public

Listing information © 2025 Southwest Louisiana Association of REALTORS MLS.
Listing provided courtesy of Coldwell Banker Ingle Safari R: (337) 478-1601.



© 2025 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: 2025-02-12T08:01:10.91.

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