$649,000

702 Sycamore St Lake Charles, LA 70601

Estimated payment $3,571/month

Total Views 2,731
-- Bed
-- Bath
14,400 Sq Ft
$45 Price per Sq Ft

About This Home

Investment Portfolio with HIGH INCOME POTENTIAL cash flow! 9 total units for sale as a bundle. Well established tenant history on all units. Low monthly overhead on all units. All units located in Calcasieu Parish(Lake Charles, LA) and FLOOD X! Please contact listing agent for more in depth analysis of cost benefits, etc. All units currently tenant occupied and showings must be scheduled in advance by appointment only with listing agent present for access. Don't miss this chance to expand your existing portfolio or get started in the income property space.

Listing Agent

Wallace Myers

Keller Williams Realty Lake Ch Brokerage Phone: (337) 368-7553 License #995690656 Listed on: 05/28/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Lot Size: 120 X 120
  • Professional Management Expense: 6786.0
  • Co List Office Mls Id: 191
  • Co List Office Phone: 337-433-1171
  • Directions: https://www.google.com/maps/d/edit?mid=1CByzm0tC9vRsLEX4ibzp4rf0SFnXB1o&usp=sharing
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 1965

Interior Features

  • Number Of Buildings: 8
  • Private Spa: No
  • Fireplace Features: None
  • Stories: 1
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14400.0
  • Land Lease Expiration Date: 2025-12-31
  • Additional Parcels Description: 00292915,00363561,00368504,00422576,00309281A,00440205
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 9
  • Insurance Expense: 15654.0
  • Property Net Operating Income: 51699.0
  • Annual Operating Expense: 27885.0
  • Total Actual Rent: 6725.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 9

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $416 $4,290 $2,040 $2,250
2023 $416 $4,290 $2,040 $2,250
2022 $431 $4,290 $2,040 $2,250
2021 $377 $4,290 $2,040 $2,250
2020 $410 $3,990 $1,960 $2,030
2019 $434 $4,140 $1,890 $2,250
2018 $439 $4,140 $1,890 $2,250
2017 $437 $4,140 $1,890 $2,250
2016 $145 $4,140 $1,890 $2,250
2015 $145 $4,140 $1,890 $2,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $649,000 -- $45 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $35,000 None Available
Source: Public Records

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Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25003101

APN: 00342564

Louisiana Calcasieu Parish Lake Charles 70601

702 Sycamore St, Lake Charles, LA

This home is located at 702 Sycamore St, Lake Charles, LA 70601 and is currently priced at $649,000, approximately $45 per square foot. This property was built in 1965. 702 Sycamore St is a home located in Calcasieu Parish with nearby schools including College Oaks Elementary School, Oak Park Middle School, and LaGrange High School.

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Nearby Homes
Listing Agent
Wallace Myers
Keller Williams Realty Lake Ch