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408 E School Street

Lake Charles, LA 70605
  • $1,100,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: SWL24006348
UPDATED: 71 min ago
$1,100,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

This meticulously maintained complex features four identical duplex buildings, offering a total of eight rental units with proven income potential. Each thoughtfully designed duplex combines a spacious 3-bedroom, 2-bathroom unit with a complimentary 2-bedroom, 1-bathroom unit, maximizing rental appeal across different tenant needs. Currently operating at 100% occupancy, the property showcases strong rental performance with tenants covering all utilities. Each unit comes complete with three dedicated parking spaces and private wooden fencing, providing desirable tenant amenities. The complex demonstrates outstanding upkeep throughout its 20-year history, with significant capital improvements including roof replacements across all buildings within the past 8 years. This turnkey investment property presents an ideal opportunity for investors seeking a well-maintained, multi-unit complex with strong rental history.

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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: 2024-11-14T21:00:57.873.

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

www.louisianabestrealestate.com/homes/157242887
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408 E School Street Lake Charles, LA 70605

  • Price: $1,100,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 71 min ago
  • MLS #: SWL24006348
0
Beds
0
Baths
0
½ Baths
1.02
Acres
1970
Built
County:
Calcasieu
Property Description
This meticulously maintained complex features four identical duplex buildings, offering a total of eight rental units with proven income potential. Each thoughtfully designed duplex combines a spacious 3-bedroom, 2-bathroom unit with a complimentary 2-bedroom, 1-bathroom unit, maximizing rental appeal across different tenant needs. Currently operating at 100% occupancy, the property showcases strong rental performance with tenants covering all utilities. Each unit comes complete with three dedicated parking spaces and private wooden fencing, providing desirable tenant amenities. The complex demonstrates outstanding upkeep throughout its 20-year history, with significant capital improvements including roof replacements across all buildings within the past 8 years. This turnkey investment property presents an ideal opportunity for investors seeking a well-maintained, multi-unit complex with strong rental history.
Exterior Features

Architectural Style Traditional Construction Materials Vinyl Siding Fencing FencedPrivacyWood Foundation Details Slab Levels Two Other Structures Shed(s)Storage Parking Features Concrete Road Surface Type Maintained Roof Shingle

Interior Features

Appliances DishwasherElectric Range Common Walls 1 Common Wall Cooling Central AirElectric Cooling YN Yes Fireplace Features None Fireplace YN No Heating CentralElectric Heating YN Yes Interior Features Beamed CeilingsGranite CountersHigh CeilingsLaminate CountersTub Shower Laundry Features InsideLaundry Room

Property Features

Building Area Total 10872 Gross Scheduled Income 8000 Land Lease YN No Listing Agreement Exclusive Right To Sell Lot Features Back YardCity LotLawn New Construction YN No Property Attached YN Yes Property Condition Turnkey Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Utilities Sewer ConnectedWater Connected Water Source Public

Listing information © 2024 Southwest Louisiana Association of REALTORS MLS.
Listing provided courtesy of Flavin Realty, Inc.: 337-478-8530.



© 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: 2024-11-14T21:00:57.873.

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