House for sale

Lake Charles LA 70601

Overview

If you have been thinking about acquiring rental property or looking to add to your growing portfolio, then this place is for you. This sound investment currently consists of 3 separate rental properties situated on 2 city lots in a quiet neighborhood near downtown Lake Charles. With just a little imagination, this incredibly unique property offers the savvy new owner a chance to double that and all without buying any more land. Read till the end to find out how. All 3 homes are detached and each one comes with its own meter and address. 1706 W Common a 2 bed, 1 bath is a cottage style home that has been well-kept with some updates. The kitchen features tile, flooring, granite countertops and subway style backsplash. The kitchen gives way to the open dining and living room, featuring beautiful hardwood flooring and tons of windows bathing the space in natural light. Two generous sized bedrooms and updated bathroom with newer vanity and tiled shower. Head to the back and you will be greeted with a nice fenced in backyard just for this home. Directly behind sits the 3 bay garage and the upstairs garage apartment of 1708 W Common St. This charming apartment has been updated in the last few years. Heading upstairs into the living room of this 2 bedroom, 1 bath home reveals more of those beautiful hardwood floors. There is a spacious kitchen and fully updated bathroom with a tiled shower. Next we head next door to the newest home of the bunch, 1710 W Common. The home that occupied this lot before was lost in a fire and so this 2 bed 2 bath home was built in its place only 11 years ago M/L. There is a large front porch with space for furniture and even a BBQ. This 11-year-old home features an open floor plan and hard surface flooring throughout. The living and dining is large enough to accommodate anyone's furniture needs. The kitchen has been tastefully painted a modern white and black and boasts an abundance of counter space and under cabinet lighting. Each bedroom is a good size and comes with its own bathroom. Finally, we get to what may be the best part about this property. Sitting directly in front of 1710 W Common is over 4, 000 sqft of city lot. Only needing a minor conditional use permit (buyer to verify) one could build anything from a new single family home to a duplex. If you opt for the duplex and are still looking to expand, one only needs to look at the empty space under the garage apartment. With some know-how, sweet equity, and just a little imagination, this property could be that big thing you have been looking for. Some pictures have been edited to virtually show what the property could look like should a duplex or 2 small homes be built. Some interior photos contain virtual staging.

Details

  • Price: $325,000
  • Reference No.: 72142171
  • Area: 3,868 sqft

Location

Lake Charles LA 70601

House for sale

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2024-05-23, Viewed 1 times.