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40
Photos
1706 W Common Street, Lake Charles, LA 70601
$325,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3,868
sqft
Built in
1940
If you have been thinking about acquiring rental property or looking to add to your growing portfolio, then this place is for you. This sound investment currently consists of 3 separate rental properties situated on 2 city lots in a quiet neighborhood near downtown Lake Charles. With just a little imagination, this incredibly unique property offers the savvy new owner a chance to double that and all without buying any more land. Read till the end to find out how. All 3 homes are detached and each one comes with its own meter and address. 1706 W Common a 2 bed, 1 bath is a cottage style home that has been well-kept with some updates. The kitchen features tile, flooring, granite countertops and subway style backsplash. The kitchen gives way to the open dining and living room, featuring beautiful hardwood flooring and tons of windows bathing the space in natural light. Two generous sized bedrooms and updated bathroom with newer vanity and tiled shower. Head to the back and you will be greeted with a nice fenced in backyard just for this home. Directly behind sits the 3 bay garage and the upstairs garage apartment of 1708 W Common St. This charming apartment has been updated in the last few years. Heading upstairs into the living room of this 2 bedroom, 1 bath home reveals more of those beautiful hardwood floors. There is a spacious kitchen and fully updated bathroom with a tiled shower. Next we head next door to the newest home of the bunch, 1710 W Common. The home that occupied this lot before was lost in a fire and so this 2 bed 2 bath home was built in its place only 11 years ago M/L. There is a large front porch with space for furniture and even a BBQ. This 11-year-old home features an open floor plan and hard surface flooring throughout. The living and dining is large enough to accommodate anyone's furniture needs. The kitchen has been tastefully painted a modern white and black and boasts an abundance of counter space and under cabinet lighting. Each bedroom is a good size and comes with its own bathroom. Finally, we get to what may be the best part about this property. Sitting directly in front of 1710 W Common is over 4,000 sqft of city lot. Only needing a minor conditional use permit (buyer to verify) one could build anything from a new single family home to a duplex. If you opt for the duplex and are still looking to expand, one only needs to look at the empty space under the garage apartment. With some know-how, sweet equity, and just a little imagination, this property could be that big thing you have been looking for. Some pictures have been edited to virtually show what the property could look like should a duplex or 2 small homes be built. Some interior photos contain virtual staging.
Features & Amenities
Interior
- General:
- Ceiling Fan(s),Granite Counters,Open Floorplan
- Appliances:
- Dishwasher,Electric Range,Refrigerator,Water Heater
- Laundry:
- Inside
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- None
- Disability Feature:
- None
Exterior
- General:
- Guest House
- Style:
- Cottage,Traditional
- Other Structures:
- Guest House
- Pool:
- None
- Parking:
- Door-Multi,Driveway,Garage, Parking spaces: 8
Construction
- Roofing:
- Shingle
- General:
- Vinyl Siding,Wood Siding, 1, Raised,Slab
Location
- Road/Access:
- City Street
- HOA Amenities:
- 0.0
- Originating MLS:
- GSM
- County:
- Calcasieu
Lot
- Zoning:
- @061008-0844-2 0008 0000 LOT 8 BLK 2 HERNSHEIN SUB OF BLK 9 SEVERINE SALLIER SUB IMPS/14 W/GAR-APT REF1-MRS. MARY NEWLIN B 793 P 368-61 REF2-NEWLIN, WILLIAM B B 2922 P 680-2001, 00590576
- View:
- Neighborhood, View
- Fencing:
- Fenced
Utilities
- Utilities:
- Electricity Connected,Natural Gas Connected,Sewer Connected, Electricity - On Property
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- GSM
This listing courtesy of:
BRICKS & MORTAR- REAL ESTATE CO.
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake Charles, LA
Housing
- Number of Units
- 57,680
- Median Home Value
- $196,511
- Median Rent
- $780
36.39% of housing units are renter occupied.
10.43% are vacant.
Commute
- Car
-
86.00%
- Public Transportation
-
0.48%
- Walk to Work
-
1.41%
- Work from Home
-
11.51%
- Other
-
0.45%
The median travel time to work is 20 minutes.
People
- Population
- 128,890
- Median Age
- 37.40
- Median Household Size
- 2.66
Education
- High School
-
30.94%
- Associate’s Degree
-
8.45%
- Bachelor’s Degree
-
16.53%
- Graduate Degree
-
9.07%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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