NOT LISTED FOR SALE

419 Clarence St Lake Charles, LA 70601

Downtown Lake Charles Neighborhood
-- Bed
-- Bath
6,135 Sq Ft
0.35 Acres

Last Sold March 15, 2023

55 Days on Market

About This Home

As of March 2023

9-unit apartment complex conveniently located close to I-10 in the heart of downtown Lake Charles. There are 8 units with 1 bedroom/1 bath approximately 500 sq ft living each and 1 unit with 2 bedrooms/1 bath. New roofs installed after hurricane, new paint on brick exterior. These units are mostly remodeled inside. All units have Central HVAC system, updated fixtures and fresh interior paint most units. There is also a laundry facility onsite shared by all tenants. All utilities are on one meter, so rent is collected with all bills paid. This property is located in flood zone AE. Seller does not have flood insurance currently. There is an elevation certificate and flood quote attached in MLS. Current flood quote is $12171 per year. Property tax $2517.10 per year. Rent is currently $750-895 monthly per unit. Monthly total rent collected is $7330 when all occupied. There are 3 vacant units at this time. There is a lockbox on one vacant unit for showing with little notice. Seller has a package of 4 multifamily complexes and will sell all as a package. Details also attached in MLS. Seller will not consider any owner financing at this time. Make offer!!

Last Agent to Sell the Property

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 12/27/2022

Coldwell Banker Ingle Safari Realty

Last Buyer's Agent

Marcus Young

Executive Properties, LLC License #912123153

Property Details

Home Type

Condominium

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 78 x 200
  • Co List Office Mls Id: 67
  • Co List Office Phone: 337-478-1601
  • Directions: From Lakeshore Drive, Turn Left Onto Clarence Street, Property is Located on the Left Hand Side of the Road.
  • Property Attached Yn: Yes
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Stories: 1
  • Stories: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Flat

Garage/Parking

  • Parking Features: Asphalt, Parking Lot

Utilities

  • Laundry Features: Laundry Room, Outside
  • Green Building Features: Appliances
  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15594.48
  • Land Lease Expiration Date: 2023-12-31
  • Additional Parcels: No
  • Zoning Description: MultiUse

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 7330.0
  • Property Net Operating Income: 7330.0
  • Total Actual Rent: 7330.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold -- -- --
02/20/2023 02/20/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $425,000 -- $69 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robbie Ingle

    Seller's Agent in 2023

    Robbie Ingle

    Coldwell Banker Ingle Safari Realty

    (337) 304-0481

    6 in this area

    1,168 Total Sales

    Robbie Ingle
    Section Image

  • M

    Buyer's Agent in 2023

    Marcus Young

    Executive Properties, LLC

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL22009385

Louisiana Calcasieu Parish Lake Charles 70601 Downtown Lake Charles

419 Clarence St, Lake Charles, LA

This home is located at 419 Clarence St, Lake Charles, LA 70601 since 27 December 2022. This property was built in 1970. 419 Clarence St is a home located in Calcasieu Parish with nearby schools including John J. Johnson II Elementary School, Ralph F. Wilson Elementary School, and Ray D. Molo Middle School.

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