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    3001 Hodges St Lake Charles, LA 70601

    For Sale
    $325,000

    Prime Lake Charles 4-plex, $325K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a well-maintained four-plex located at 3001 Hodges Street in Lake Charles, Louisiana, 70601. Priced at $325,000, this property offers four identical units, each boasting two bedrooms and one bathroom. The open floor plans are complemented by easy-to-maintain tile flooring throughout. Each unit includes convenient indoor washer/dryer hookups and fully equipped kitchens featuring a stove, refrigerator, and dishwasher. Providing ample parking, two paved spaces are allocated to each unit. The property benefits from a new roof installed after the 2020 storms, ensuring long-term durability. Its prime location in Lake Charles offers residents easy access to shopping, dining, and recreational amenities. This property represents a strong investment opportunity in a desirable area, promising consistent rental income and potential for appreciation. The property is classified as Special Purpose Land and is zoned for commercial use. This is a turnkey investment ready for immediate income generation.

    Property Features for 3001 Hodges St

    General Information

    Property type
    Land

    HighLights

    • $325,000 asking price.
    • Lake Charles, LA commercial land, Special Purpose property.
    • Four 2‑bedroom, 1‑bathroom units; each with open layout, tile floors, and in‑unit washer/dryer hookups.
    • Kitchens include stove, refrigerator, and dishwasher.
    • New roof installed post‑2020 storms.
    • Two paved parking spaces per unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.2152086
    Latitude
    30.2018306

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    FAQs

    What type of property is this?
    Land - Prime Lake Charles 4-plex, $325K
    Where is this land located?
    The property is located at 3001 Hodges St Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; Lake Charles, LA commercial land, Special Purpose property.; Four 2-bedroom, 1-bathroom units; each with open layout, tile floors, and in-unit washer/dryer hookups.
    Request Owner's contact information
    3001 Hodges St Lake Charles, LA 70601
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    Lake Charles, LA 70601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3001 Hodges St Lake Charles, LA 70601
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