513 W Lagrange Street W

Description

INVESTMENT PACKAGE in LAKE CHARLES! Package opportunity consisting of multiple income-producing properties, to be sold together. MLS numbers will be cross-referenced. The portfolio includes a total of four duplexes (eight doors), all built in 2018, along with an additional adjacent lot offering future development potential. LaGrange Street (513 W LaGrange): Three duplexes comprising six total units, each offering two bedrooms and one full bath with approximately 990 square feet of living area per unit. All units feature granite countertops, new roofs, and dedicated parking with two to four parking spaces per unit located in front. ALL units are currently rented on one-year leases, with background checks completed on all tenants. A rent roll is available upon request. Deaton Street (2175 Deaton): One duplex consisting of two units, each offering two bedrooms and one full bath with approximately 1,150 square feet of living area per unit. Flooring includes concrete floors in main living areas and carpet in bedrooms, with Formica countertops. Each unit includes appliances: refrigerator, washer, dryer, and dishwasher. Both units are RENTED. Unit 2 has been tenant-occupied since construction in 2018. A rent roll is available. Additional Lot (2709 Deaton): An additional lot adjacent to the Deaton Street duplex is included and may allow for construction of an additional duplex (buyer to verify zoning, utilities, and development requirements). Floor plans for all units are available in the MLS. This package offers established rental income, consistent construction timelines, documented storm-related improvements, and future expansion potential.