Investment opportunity awaits in the heart of downtown Lake Charles with this newly constructed multi-family property. Built in 2024, the package includes four spacious units, thoughtfully designed with high ceilings, 4 bedrooms, 3 baths, and an attached double-car garage. All units are equipped with a dishwasher, refrigerator, electric range, microwave, and washer/dryer hookups. Each unit is individually metered for water and electricity, with tenants responsible for their own utilities. Currently leased at $1,800 per month per unit generating $84,000 in annual gross income, the property offers strong rental income in a prime location just moments from downtown amenities, dining, shopping, and a city park.
For sale
$1,120,000
1711 Bilbo St, Lake Charles, LA 70601
--beds
--baths
7,464sqft
Est.:
Townhouse, Multi Family
Built in 2024
-- sqft lot
$1,065,500 Zestimate®
$150/sqft
$-- HOA
What's special
Electric rangeEquipped with a dishwasherHigh ceilings
- 37 days |
- 65 |
- 2 |
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