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602 Penn St

1,052 SF Flex Condo Unit Offered at $2,074,440 CAD in Lake Charles, LA 70601

Executive Summary

Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. With 8 of the 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate portfolio. Don’t miss out on this opportunity to acquire a near-new property with strong income potential!

Property Facts

Price $2,074,440 CAD
Unit Size 1,052 SF
No. Units 1
Total Building Size 9,468 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class C
Floors 2
Typical Floor Size 4,734 SF
Year Built 2023
Lot Size 0.61 AC
Sale Conditions High Vacancy Property

1 Unit Available

Unit 9

Unit Size 1,052 SF
Price $2,074,440 CAD
Price Per SF $1,971.90 CAD
Condo Use Flex
Sale Type Investment
Sale Conditions High Vacancy Property
APN/Parcel ID 00380903
Description

Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. With 8 of the 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate portfolio. Don’t miss out on this opportunity to acquire a near-new property with strong income potential!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 9 $1,547 CAD -

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Granite Countertops
  • Refrigerator
  • Island Kitchen
  • Listing ID: 33233876

  • Date on Market: 2024-09-19

  • Last Updated:

  • Address: 602 Penn St, Lake Charles, LA 70601

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