2031 3rd Street Lake Charles, LA 70601
Listing Courtesy of: GREATER SOUTHERN MLS - IDX / Coldwell Banker Ingle Safari Realty / Robbie Ingle

  2031 3rd Street Lake Charles, LA 70601

Active
$648,000

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.

MLS #:
SWL23007065
Lot Size
0.34 acres
Type
Multifamily
Year Built
1980
Style
Traditional
Views
Neighborhood
County
Calcasieu Parish
Community
High School Park Add

Listed By

Robbie Ingle, Coldwell Banker Ingle Safari Realty
Source
GREATER SOUTHERN MLS - IDX
Last checked Dec 12 2024 at 4:15 AM GMT+0000
Bathroom Details
Interior Features
  • Windows: Casement Window(s)
  • Water Heater
  • Electric Range
  • Electric Oven
  • Laundry: Washer Hookup
  • Laundry: Electric Dryer Hookup
  • Laundry: Outside
  • Laundry: Laundry Room
  • Laundry: See Remarks
Subdivision
  • High School Park Add
Lot Information
  • Rectangular Lot
  • Paved
  • City Lot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Ceiling Fan(s)
  • Wall/Window Unit(s)
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Parking
  • Parking Lot
Stories
  • 2
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 14, 2024
Price Changed
$648,000
0%
-1,900
Mar 28, 2024
Price Changed
$649,900
-6%
-40,000
Jan 05, 2024
Price Changed
$689,900
-1%
-10,000
Nov 29, 2023
Original Price
$699,900
-
-
Disclaimer: Copyright 2024 Greater Southern MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 12/11/24 20:15