NOT LISTED FOR SALE

713 Sally Mae St Lake Charles, LA 70601

7 Beds
7 Baths
3,966 Sq Ft
0.33 Acres

Last Sold March 13, 2020

48 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of March 2020

Amazing deal on this 7 unit multifamily complex. Property consists of several buildings on 2 lots with 7- 1 bedroom 1 bath units. 2 of the units have been remodeled and are rented out for $500 month each. 2 of the units are not remodeled due to long term tenants. 3 of the units still need extensive repairs to get rent ready. The duplex has address 805 Sally Mae and it has Central units. The 5 unit complex has window units. Owner pays water only. Rent rates are below average rental in this area and could be raised. Not located in a flood Zone. Need to give renters 24 hour notice for all showings.

Property Details

Home Type

  • Condominium

Year Built

  • 1970

Lot Details

  • 0.33

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • 7 Units
  • Prater J A Subdivision

Property Details

Home Type

Condominium

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot
  • LotSizeAcres: 0.33
  • Co List Office Phone: 337-478-1601
  • Subdivision Name: Prater J A
  • Directions: Lincoln, Cessford, & Commercial St From Corner Of Opelousas & Jake North On Jake, Turn Right On Cessford , Left On Sally Mae, Property will be on your Left.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 125000.0
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Private Spa: No

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 14374.8

Multi Family

  • Number Of Units Total: 7

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold -- -- --
10/29/2019 10/29/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $149,900 -- $38 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: 182713

APN: 280908-1531-2 0006 0000