638 Iris Street, Lake Charles, LA

Multi-family for Sale - $795,000


Agent Info

Dru Ellender
Coldwell Banker Commercial Ingle Safari Realty

Property Info

CIMLS#1155798
Location
  638 Iris Street
  Lake Charles LA 70601
UpdatedMarch 8th, 2024
TypeMulti-family
Price$795,000

Property Description

At market price, this remodeled apartment complex in downtown Lake Charles is fully occupied with a 5 year lease. Eight units featuring one bedroom and one bathroom each; and ninth apartment is an efficiency with living and bedroom combined. Updated flooring, paint, bathrooms, and kitchens. Granite counter tops and new fixtures throughout. Just remodeled in 2021 and 2022. All units currently leased with a 5 year term and 100% occupied.


Financials


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