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

 

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