1623 4th Street, Lake Charles, LA 70601
New Listing
$85,000





















Property Type:
MultiFamily
Square Footage:
3,120
Status:
Active
Current Price:
$85,000
List Date:
5/17/2025
Last Modified:
5/17/2025
Description
Income-Producing Property - 1623 4th St, Lake Charles, LA
A fantastic opportunity for investors! This property features two single-family homes, each with long-term 12-month leases, generating consistent rental income.
The front home is a 2-bedroom, 1-bathroom unit that is currently tenant-occupied, providing $795/month in rental income. This home includes central air and heat, inside laundry in a separate room, and a detached 2-car garage with additional storage space, offering extra convenience for tenants.
The rear home is also a 2-bedroom, 1-bathroom residence and has recently undergone updates and repairs. It will soon be rented for $750/month, contributing to a total potential monthly cash flow of $1,545! This unit includes a washer and dryer for added convenience, but it does not have central air or heat.
Each home is separately metered, making utility management simple for both owner and tenants.
Located in Lake Charles, this property presents a turnkey investment opportunity with steady income potential. Don't miss out on this chance to add a high-performing rental asset to your portfolio!
Supplements: ********
More Information MLS# 2020023936
Listing Info
Status: Active
Listing Date: 2025-05-16
Listing Price: 85000
Current Price: $85,000
List Price/SqFt: 27.24
Seller Willing to Sell Separately?: No
Type: Apartment/Multi-Family
Location Tax Legal Info
Street Number: 1623
Street Name: 4th
St Suffix: Street
Parish: Calcasieu
State: LA
Zip Code: 70601
Subdivision: None
Area: Calcasieu
Tax Assessment Number: 00600148
Elementary School: Call School Board
Middle School: Call School Board
High School: Call School Board
Directions: From Broad Street, travel South on 2nd Avenue. Take a left (East) on 4th Street, home is on the right (North).
General Property Description
Approximate Age: 51 - 75 Years
Number of Units: 2
SqFt - Living: 3120
SqFt - Source: Approximate
Total Parking Spaces: 2
# Heat Units: 2
# AC Units: 2
Individual Metered?: Yes
Lot Dimensions: 266 x 50
Mineral Rights: Conveyed
Unit 1
# Units: 1
Beds: 2
Full Baths: 1
Rent/Mo: 795
Occupant: Tenant
Unit 2
# Units: 1
Beds: 2
Full Baths: 1
Rent/Mo: 750
Occupant: Vacant
Property Features
Siding: Wood
Construction: Other
Foundation: Piers
Roof: Other
Heating: Central
Cooling: Ceiling Fans; Central Air
Appliances: Refrigerator
Fencing: None
Financing: Cash; Conventional
Showing: 24 Hour Notice
Listing Office: Keller Williams Realty L C
Last Updated: May - 17 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.