1910 Alvin St, Lake Charles, LA 70601

Property Description

Well-maintained duplex offering two 2-bedroom, 1 full bath units, each approximately 750 square feet. Situated on a .22 acre lot (more or less) with potential room for expansion, possibly allowing for an additional duplex. Unit A is occupied and generating $1,000/month. Unit B is occupied and generating $840/month, providing immediate income total of $1,840.00 / mth. Both units feature concrete floors and all-electric appliances. Refrigerators and washer/dryer units will remain with the property. Four convenient off-street parking spaces are available for tenants and guests. Major improvements were completed in 2012, including a pitched roof, new windows, Hardie Board siding, and updated main breakers. In May 2012, the owner invested approximately $7,438 in the installation of drain boxes and drainage lines routed to the street to manage stormwater and help protect the foundation. Property is located in Flood Zone AE. A solid investment opportunity with upside potential for future development or increased rental income.