$647,000

2031 3Rd Street , Lake Charles, LA 70601

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):0 sqft
Lot:0
Year Built:1980
Listing Status:Active

Listing Agent

Robbie Ingle
http://inglesafari.com
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Description

Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $3940 per year for the 2031 building and $2,237 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and all units are rented. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Seller will entertain a owner financed deal with a large down payment on a 5 year balloon term.

Detailed Items

Other Information

2031 3Rd Street, Lake Charles, LA, 70601 is a (none specified) listing of 0 sqft on a lot of 0. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property2031 3Rd Street, Lake Charles, LA
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