821 18Th St Lake Charles, LA 70601
Property summary
This exceptional investment opportunity in Lake Charles, Louisiana, presents four duplex units totaling eight efficiency apartments, each featuring one bedroom, one bath, a spacious living room, full kitchen with electric range and refrigerator, and washer/dryer hookups. Situated on a one-acre lot at 821 W 18th Street A-H, this property offers significant potential for future expansion or development. The property's prime location near Lake Street provides easy access to retail, restaurants, and hotels, ensuring high tenant demand. All units are currently occupied, generating immediate rental income. The asking price is $422,480. This is a special purpose property classified as industrial and commercial land, offering a blend of immediate return and long-term growth potential. All measurements are approximate
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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