Active
1366 Georgia Road
Lake Charles LA, 70611
$1,750,000
$109.10 per sqft
Active
16,040 sqft
Multi-family
Built in 2023
Explore this exceptional investment opportunity with 8 newly constructed duplexes on a 1.66-acre lot in Moss Bluff. This property presents a prime chance for buyers looking to enhance their investment portfolio. Each duplex features a modern, one-story design with durable Hardi-plank siding and is built on a slab foundation, offering a total of 16 units. Each unit spans 962 sq/ft and includes a 2 bedroom/2 bathroom layout with an open floor plan, washer/dryer hookups, and stained concrete floors, which are ideal for easy maintenance. The thoughtful design promotes comfortable living spaces that are highly attractive to tenants. All units are separately metered for electricity and come with covered front porches, adding to the appeal and functionality of each space. The property also boasts a new, expanded commercial sewer system capable of supporting two additional duplexes, providing significant expansion potential. Located in Flood Zone X, these properties do not require flood insurance, further enhancing their attractiveness as a low-maintenance investment. All units are leased and will need 36 hour notice for any showings. Don't miss out on this lucrative investment opportunity in a desirable location. Tenants pay all utilities so the fixed income expenses are only $550 month to include trash pickup, septic tank monthly testing, and lawn service. The current insurance premium is: $ 22,108.67 yearly on all buildings and property taxes are $150/ year currently assessed at land only.
SWL24004379
MLSⓇ ID
July 25, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
1
Appliances
Dishwasher, Electric Range
Laundry Description
Washer Hookup, Electric Dryer Hookup
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.6 Acres
Lot Features
Outside City Limits, Paved
Architectural Style
Traditional
Roof
Shingle
Sewer
Private Sewer
Other Property Details
Days on Market
175
Garage
No
Parking
Asphalt
View
Yes
View Description
Neighborhood
County
Calcasieu
Water Source
Public
Pool Features
None
Utilities
Electricity Connected, Sewer Connected, Water Connected
Courtesy of Coldwell Banker Ingle Safari R, Robbie Ingle,
Listing Contact: (337) 304-0481
Based on information from Greater Southern MLS as of 2/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2025 Greater Southern MLS. All rights reserved.
Data last updated 6:34 PM UTC, 2/21/2025