1623 4th Street, Lake Charles, LA 70601

$89,000 Asking Price

3,120  sqft
Built in 1965

Don’t miss this excellent investment opportunity that is priced below market value! The property offers two single-family dwellings with excellent rental history.(1623 4th Street & 1623 1/2 6th Street) 1623 4th Street is a 2 bedroom, 1 bathroom home with central HVAC. 1623 1/2 4th Street is a 1 bedroom, 1 bathroom home with window AC and heat. Both homes have washer/dryer hookups and come equipped with refrigerators and electric ranges. The front home is currently rented for $795/month. A long-term tenant currently occupies the back home and rents for $600/month. The homes share a water meter, and the property owner is currently paying for water. Tenants are responsible for electricity and natural gas. The front home is under a termite contract. This is an excellent deal for anyone looking for an investment property. Priced to sell. All measurements are m/l.

Features & Amenities

Interior

General:
Bathtub,Ceiling Fan(s),Laminate Counters,Tub Shower
Appliances:
Oven,Range,Refrigerator,Range Hood,Water Heater
Laundry:
Washer Hookup,Electric Dryer Hookup
A/C:
true, Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Heating:
true, Central,Natural Gas
Fireplace:
None

Exterior

General:
Storage
Style:
Cottage
Other Structures:
Storage
Pool:
None
Parking:
Driveway,Garage, Parking spaces: 2

Construction

Roofing:
Asphalt,Shingle
Windows:
Blinds
General:
Aluminum Siding,Wood Siding, 1, Pier Jacks,Raised

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
GSM
County:
Calcasieu

Lot

Zoning:
LOT 22 AND S 85 FT LOT 6 BLK 4 E OF 2ND AVE WATKINS ADD, 00600148
View:
Neighborhood, View

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
GSM
Buyers Agent Compensation:
2.5

This listing courtesy of:
Executive Properties, LLC

About Lake Charles, LA

Housing

Number of Units
57,680
Median Home Value
$196,511
Median Rent
$780

36.39% of housing units are renter occupied.

10.43% are vacant.

Commute

Car
86.00%
Public Transportation
0.48%
Walk to Work
1.41%
Work from Home
11.51%
Other
0.45%

The median travel time to work is 20 minutes.

People

Population
128,890
Median Age
37.40
Median Household Size
2.66

Education

High School
30.94%
Associate’s Degree
8.45%
Bachelor’s Degree
16.53%
Graduate Degree
9.07%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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