For Sale
$425,000

134 Louie StLake Charles, LA 70601

Four-unit apartment building, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a centrally located four-unit apartment building in Lake Charles, Louisiana, at 134 Louie St, zip code 70601. The property comprises two duplexes, each featuring two, two-bedroom, one-bathroom units, totaling 3,236 square feet. Each unit boasts an open floor plan, stained concrete floors, and modern kitchen appliances including a dishwasher, range/oven, and refrigerator. Convenient washer/dryer hookups are also included. Individual fenced rear yards provide privacy for each tenant. Currently, units command monthly rents ranging from $950 to $1,000. Tenants are responsible for their own utilities. The asking price is $425,000, representing a price per unit of $106,250 and a price per square foot of $131.33. The property is offered as a whole, but individual duplex sales may be considered. This presents a strong cash flow potential with low maintenance requirements, making it an ideal addition to any investment portfolio. The property's location in Lake Charles offers easy access to local amenities and services.

Highlights

  • Asking price: $425,000 for a four-unit apartment building.
  • Property consists of two duplexes located at 136 and 140 Louie Street, Lake Charles, LA 70601, and can be sold separately.
  • Each unit features two bedrooms and one bathroom.
  • Monthly rents range from $950 to $1,000 per unit.
  • Units include open floor plans, washer/dryer hookups, stained concrete floors, and appliances (dishwasher, range/oven, refrigerator).
  • Each unit has a fenced rear yard.

Property Details for 134 Louie St

Property type
Apartment buildings
Square Feet
3,236 SF
Units
4

Location Insight

City
Lake Charles
County
Calcasieu Parish
State
Louisiana
Latitude
30.210009563453
Longitude
-93.220835089882
134 Louie St, Lake Charles, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
134 Louie St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message