1708 W Common St ST W, Lake Charles, LA 70601
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1708 W Common St ST W, Lake Charles, LA 70601
1708 W Common St ST W, Lake Charles, LA 70601
1708 W Common St ST W, Lake Charles, LA 70601
1708 W Common St ST W, Lake Charles, LA 70601
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Tanisa Penland

Tanisa Penland

+1(720) 319-1428
Listed by Real Broker, LLC
$ 315,000
Est. payment /mo
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Pending

1708 W Common St ST W Lake Charles, LA 70601

3,313 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 3,313 sqft

Price per Sqft $95

Subdivision Hernshein Sub

MLS Listing ID SWL26001851

HOA Y/N No

Year Built 1942

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 98' x 144' m/l

Property Sub-Type Single Family Residence

Property 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.

Location

State LA

County Calcasieu

Area Other

Direction West on East St from Ryan St, South on W Common, Home on the right

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence None

Pool None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access Desc Public

Roof Type Shingle

Private Pool No

Building

Lot Description City Lot, Rectangular Lot

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 00590576

Special Listing Condition Standard

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Nearby Locations

Tanisa Penland

Tanisa Penland

Realtor License ID: 995709937

+1(720) 319-1428

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1708 W Common St ST W