For Sale
$99,000

1818 4Th StLake Charles, LA 70601

Renovated Duplex, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional opportunity to acquire a fully renovated duplex in Lake Charles, Louisiana, situated at 1818-1820 4th Street, zip code 70601. This property presents a compelling investment prospect for both seasoned investors and first-time homebuyers. The duplex boasts two identical units, each featuring one bedroom and one bathroom. Both units offer spacious floor plans, including a sizable living room, a generously sized bedroom with ample closet space, and a well-appointed kitchen complete with appliances. Convenient in-unit washer and dryer hookups are also included. Heating and cooling are provided by window units, supplemented by gas wall furnaces. Recent renovations encompass a new roof, fresh interior and exterior paint, a complete rewiring, updated PEX plumbing, and newer hot water heaters. The property generates an average monthly rental income of $1300-$1400, with separate electric and water meters for each unit. Tenants historically covered all utility bills. Note that this property is located in flood zone A, and while the seller does not carry flood insurance, a quote of $1903 per year is available. Priced aggressively for a quick sale, this duplex represents an outstanding value in the current market. This is a prime investment opportunity not to be missed.

Highlights

  • $99,000 asking price.
  • Fully renovated duplex in Lake Charles, LA.
  • Two 1-bedroom, 1-bathroom units with updated kitchens, appliances, and washer/dryer hookups.
  • Average monthly rental income of $1,300-$1,400.
  • Located in flood zone A; annual flood insurance quote of $1,903 available.

Property Details for 1818 4Th St

Property type
Land, Apartment buildings

Location Insight

City
Lake Charles
County
Calcasieu Parish
State
Louisiana
Latitude
30.2225101
Longitude
-93.1951904
1818 4Th St, Lake Charles, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1818 4Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message