1708 W Common St Street W, Lake Charles, LA 70601

Lake Charles
Local realty services provided by:ERA Sarver Real Estate
1708 W Common St Street W,Lake Charles, LA 70601
$315,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,313 sq. ft.
  • Multi-family
  • Active
Listed by: danette mcmanus
Office: real broker, llc.
MLS#:SWL26001851
Source:LA_SWLAR

Price summary

  • Price:$315,000
  • Price per sq. ft.:$95.08

About this home

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...

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Home facts

  • Year built:1942
  • Listing ID #:SWL26001851
  • Added:66 day(s) ago
  • Updated:June 30, 2026 at 03:44 PM

Rooms and interior

  • Living area:3,313 sq. ft.

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1942
  • Building area:3,313 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:City Lot, Rectangular Lot
  • Foundation Description:Raised

Utilities

  • Water:Public

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$95.08

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