


1623 4th Street Lake Charles, LA 70601
Description
SWL25002836
0.31 acres
Multifamily
1965
Cottage
Calcasieu Parish
Watkins Add
Listed By
GREATER SOUTHERN MLS - IDX
Last checked May 18 2025 at 4:38 AM GMT-0500
- Ceiling Fan(s)
- Laundry: Inside
- Oven
- Range
- Refrigerator
- Water Heater
- Watkins Add
- City Lot
- Rectangular Lot
- Foundation: Pillar/Post/Pier
- Central
- Ceiling Fan(s)
- Central Air
- Wall/Window Unit(s)
- Roof: Shingle
- Utilities: Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
- Sewer: Public Sewer
- Driveway
- 1
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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!