638 Iris St, Lake Charles, LA 70601

$725,000

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List Price
$725,000
Status
ACTIVE
Days on Market
41
MLS#
SWL26002905
Subtype
ResidentialIncome
Year Built
1986
Lot Size
0
Acres
0.69
Subdivision
BRYAN SUB
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.