638 Iris St, Lake Charles, LA 70601

$725,000

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List Price
$725,000
Status
ACTIVE
Days on Market
51
MLS#
SWL26002667
Subtype
CommercialSale
Lot Size
0
Acres
0.69
MLS Area Major
Other

Property Description

Excellent investment opportunity in the heart of downtown Lake Charles. This fully occupied apartment complex features nine total units, including eight one-bedroom, one-bathroom apartments and one efficiency unit with a combined living and bedroom area. The property underwent extensive renovations in 2022, with updates including flooring, paint, bathrooms, kitchens, granite countertops, and newer fixtures throughout. Single-story construction offers convenient access for tenants and simplified maintenance. With strong occupancy and modernized interiors, this income-producing property is a turnkey addition to an investment portfolio. Conveniently located near downtown businesses, restaurants, shopping, and employment centers.

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Calculator source: Real Geeks

Listing courtesy of Exit Realty Southern.