1561 Ham Reid Rd Road, Lake Charles, LA 70605

Lake Charles
Local realty services provided by:ERA Sarver Real Estate
1561 Ham Reid Rd Road,Lake Charles, LA 70605
$595,000
  • - Beds
  • - Baths
  • 1,000 sq. ft.
  • Multi-family
  • Active
Listed by: danette mcmanus
Office: real broker, llc.
MLS#:SWL26000822
Source:LA_SWLAR

Price summary

  • Price:$595,000
  • Price per sq. ft.:$595

About this home

Turnkey income-producing property with approved expansion potential — generate cash flow today while positioned to grow from 4 doors to 12 doors with infrastructure already in place. Fully occupied and built in 2021, this exceptional investment opportunity features two duplexes (4 total units) situated on approximately one acre, offering immediate income with significant future upside. Each unit provides approximately 1,000 square feet with 2 bedrooms and 2 bathrooms, functional modern layouts, standard kitchen appliances, and ample parking for tenants. The property is currently generating $48,000 in annual gross income with operating expenses of approximately $12,360, delivering strong in-place cash flow from day one. Separate electrical meters are in place, with one shared water meter serving the property. What truly sets this investment apart is the development readiness. The property is already zoned and approved for four additional duplexes, allowing expansion to a total of 12...

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Home facts

  • Year built:2021
  • Listing ID #:SWL26000822
  • Added:23 day(s) ago
  • Updated:March 20, 2026 at 03:05 PM

Rooms and interior

  • Living area:1,000 sq. ft.

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2021
  • Building area:1,000 sq. ft.
  • Lot area:0.87 Acres
  • Lot Features:City Lot
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Slab

Utilities

  • Water:Public

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$595

Features and amenities

  • Amenities:Ceiling Fans

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