Downtown Lake Charles Residential Rentals For Sale

Multi-Family for Sale
Catylist Listing ID: 30806831
Property Subtypes: Duplex/Fourplex
Number of Units: 5 Units
Building Size (RSF): 3,500 SF
Sale Price: $290,000
Unit Price: $58,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/27/2022

Overview / Comments

Investment Opportunity in Downtown Lake Charles
Fourplex and Single Family Home Available For Sale
437 Iris Street: (4) 1BR/1BA Apartments, Approx. 1,944 SF, 2 Story
439 Iris Street: (1) 2BR/2BA Apartment, Approx. 1,561 SF, Single Story
Historically 100% Occupied
Annual Income of $23,000 - $24,000 after Management Fees
Financials Available Upon Request

*measurements are approximate and should be verified

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Tax ID/APN: 061008-0762- -0010-02

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,089 56,432 92,604
Median Age: 39.09 37.24 36.6
Households: 3,013 23,234 36,825

Contact

Photograph of Listing Agent

Andrew Vanchiere

NAI/Latter & Blum Commercial Lake Charles Lake Charles, LA 70601
LACDB Member
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