1711 Bilbo St 4 Unité Immeuble d’habitation offert à 1 534 075 $ CAD à un 7,50% taux de capitalisation Lake Charles, LA 70601

1711 Bilbo Street offers a newly constructed multi-family investment opportunity in the heart of downtown Lake Charles. Built in 2024, this property consists of four spacious townhouse-style units, each featuring high ceilings, four bedrooms, and three bathrooms. Every unit includes an attached two-car garage, providing a total of eight covered parking spaces, and is equipped with modern appliances such as a dishwasher, refrigerator, electric range, microwave, and washer/dryer hookups.
Each unit is individually metered for water and electricity, with tenants responsible for their own utilities, ensuring streamlined operations for owners. Currently leased at $1,800 per month per unit, the property generates an annual gross income of approximately $84,000, offering strong cash flow potential. Located just steps from downtown amenities, dining, shopping, and parks, this property combines modern design with a prime location, making it an attractive option for investors seeking stable returns in a growing market.