3237/3241 Cedar St, Lake Charles, LA 70615

$170,000

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List Price
$170,000
Status
ACTIVE
Days on Market
145
MLS#
SWL26001011
Subtype
ResidentialIncome
Year Built
1975
Lot Size
0
Acres
0.33
Subdivision
PINE HILLS
MLS Area Major
Other

Property Description

Investment opportunity in Lake Charles, Louisiana 70615 featuring a 1732 square foot duplex on approximately .33 acres zoned Mixed Residential and located in Flood Zone X for added peace of mind. Each unit offers 2 bedrooms and 1 bathroom with a practical layout, totaling approximately 866 square feet per unit, and includes a covered area for vehicle parking to enhance tenant convenience. The property also features a detached exterior space for a washer dryer, and storage. A shingled roof that is less than 5 years old, and window units providing both heating and cooling. With multi-family income potential and low annual property taxes of approximately $632.17, this property presents an excellent cash-flow opportunity in a desirable area. A second duplex on the adjoining parcel is also available at the same price (SWL26001012), offering additional investment potential for buyers looking to expand their portfolio. Please note that any listed operating expenses are incomplete and should be independently verified by the buyer.

Additional Information

Interior Features
Bathtub, Ceiling Fans, Storage, Tub Shower, Unfurnished
Zoning
R2
Air Conditioning
Window/Wall
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Ingle Safari R.