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Listed price in listed location currency (USD).
$299,000

000

MLS® 4566

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 4566

Property Address: 1708 W Common St Street, Lake Charles, LA, 70601

Average square foot calculated using Size range provided by listing agent.

Description

Located on two city lots near downtown Lake Charles, this unique investment portfolio offers a rare combination of immediate cash flow and future expansion potential. The property includes three detached residential units, each with separate utilities and addresses, along with an additional vacant lot, creating multiple opportunities to increase value and returns without acquiring more land. The unit mix consists of 1706 W Common St, a 2-bedroom, 1-bath home currently leased for $1, 000 per month; 1708 W Common St, a 2-bedroom, 2-bath garage apartment leased for $850 per month; and 1710 W Common St, a 2-bedroom, 2-bath newer construction home leased for $1, 200 per month. Together, the properties generate a total gross monthly income of $3, 050, or $36, 600 annually, providing stable, in-place income from day one. The additional vacant lot offers development potential for new construction or additional units (buyer to verify), making this not just an income-producing asset, but a scalable investment opportunity. With established rental history, flexible layouts, and room for expansion, this property is well-positioned for investors seeking both immediate returns and long-term growth.
MLS® Number4566
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$299,000List Price
  • Commute

Commute

Starting Address
Destination Address
1708 W Common St Street, Lake Charles, LA

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