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2214 Stanton St Lake Charles, LA 70601

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Estimated value
No estimation on file for this property yet.
Property ID US36-1498612

Property summary

AI-generated overview

This unique Lake Charles property, located at 2214 Stanton Street, offers two separate units on a single lot, totaling 1934 square feet. The main unit, a 1400 sq ft building, features four bedrooms, two bathrooms, a new roof, and real wood floors. The second unit, a 534 sq ft building, currently generates $450 monthly rental income from a long-term tenant. Both units are currently occupied and require 24-hour notice for showings. Situated in flood zone X, this property is priced at $125,000 and presents a compelling investment opportunity for those seeking a dual-income property or a versatile space for manufacturing or commercial use. The property is zoned for commercial and manufacturing uses, offering flexibility for a variety of business ventures. The strong rental history of the secondary unit contributes to the property's overall value and potential return on investment. This property is located in Calcasieu Parish, Louisiana, zip code 70601. The absence of flood insurance requirements further enhances its appeal. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.

Property profile

Verified
Property type Specialty properties
UPID US36-1498612

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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