Commercial $ 255,000

1019 Common ST

Lake Charles, LA 70601

  • 3,000 SqFt
  • 10,454 Lot Size
  • 1960 Year Built
Garden District Investment Opportunity | 6 Income-Producing Units Near Downtown Positioned within the established Garden District, this multi-unit property offers a rare opportunity to acquire a well-maintained, income-producing asset just minutes from the heart of downtown. The property consists of a two-story, five-unit main structure (1019 Common St.), complemented by a detached one-bedroom, one-bath residence (1019 ½ Common St.), bringing the total to six rentable units. Each unit within the main building features a 1-bedroom, 1-bath layout, while the detached rear home provides additional flexibility and consistent rental appeal. Investment Highlights: Proven long-term rental history with steady occupancy 6 total units (5-plex + detached single-family unit) Majority of units currently leased (Units 0, 1, 3, 4, 5 + rear home) Central upstairs laundry area accessible to tenants Additional upstairs room with potential for office, storage, or future value-add opportunity Spacious rear parking area for tenant convenience Recent exterior paint and ongoing interior and exterior improvements over the past several years This property has been consistently utilized as a rental and presents a strong foundation for investors seeking immediate income with upside potential. Whether you're expanding a portfolio or entering the investment space, this location and layout provide both stability and opportunity in one of the area's most recognized neighborhoods. Agent remarks and additional details available in private notes.
Listed by Real Broker, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 000 sqft

    Price per Sqft $85

    MLS Listing ID SWL26002062

    HOA Y/N No

    Year Built 1960

    Lot Size 10,454 Sqft

    Acres 0.24

    Lot Dimensions 51' x 197' m/l

    Property Sub-Type Multi Family

  • Location

    State LA

    County Calcasieu

    Area Other

    Zoning MultiUse

    Direction From E Prien Lake Rd to Common St., north on Common

  • Building

    Lot Description City Lot, Rectangular Lot

    Story 2

    Water Public

  • Interior

    Heating Central

    Cooling Central Air

    Fireplace No

    Laundry Inside

  • Exterior

    Fence None

    Water Access Desc Public

    Roof Type Shingle

  • Others

    Tax ID 00568139

    Special Listing Condition Standard

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CONTACT

Danette McManus
Danette McManus

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