Centrally Located Duplex
2727 3rd Street 5 & 6 Lake Charles, LA 70615
For Sale
Contact for pricing
Duplex offers 3-bedroom, 2-bath units and is currently operated as a furnished short-term rental.
Property Size2,278 SF
Price / SF$109.53
Days on Market54
Property Features for 2727 3rd Street 5 & 6
General Information
Standard status
Active
Size
2,278 SF
Property subtype
Multifamily
Building Details
Year Built
2013
Listing Agency:
Century 21 Bono Realty
(337) 802-3493
Listed By:
Tony Cornner · License #LA
Source:
Crexi
Added: Jun 5
Changed: Jul 21
Last Checked: Jul 27 at 1:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Bono Realty
Investment Insights
Based on property information with market context.
This duplex investment property includes two residential units, each configured as a 3-bedroom, 2-bath layout. The property is currently used as an Air B&B and is being sold furnished; the included furniture is negotiable. The furnished interior items are described as in great shape and the property as well maintained.
The property is centrally located in Lake Charles, Louisiana. For sale at the address shown in the listing, it is positioned for buyers seeking an income-producing residential asset with an established short-term rental use.
Showings are available by request to review the current furnished setup and unit configuration in person.
The property is centrally located in Lake Charles, Louisiana. For sale at the address shown in the listing, it is positioned for buyers seeking an income-producing residential asset with an established short-term rental use.
Showings are available by request to review the current furnished setup and unit configuration in person.
Key Highlights
- Duplex built in 2013 with 3‑bedroom, 2‑bath units
- Currently operated as a furnished short‑term rental
- Property is furnished and furniture is negotiable
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.2k | $10.20 |
| − Vacancy | −$1.7k | −$0.77 |
| EGI | $21.5k | $9.44 |
| − OpEx | −$6.4k | −$2.83 |
| NOI | $15.0k | $6.60 |
2,278 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$214.9K
$188.1K – $250.8K
NOI $15,045 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$190.2K
$166.4K – $221.9K
NOI $13,312 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$491.0K
$429.7K – $572.9K
NOI $34,372 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers 3-bedroom, 2-bath units and is currently operated as a furnished short-term rental.
Where is this duplex located?
The property is located at 2727 3rd Street 5 & 6 Lake Charles, LA.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Duplex built in 2013 with 3‑bedroom, 2‑bath units; Currently operated as a furnished short‑term rental; Property is furnished and furniture is negotiable
