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Madeleine Davis

madeleine.davis@exprealty.com +1(337) 304-8935

Listed by Coldwell Banker Ingle Safari R

$ 69,900

Est. payment -/mo

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712 Magnolia ST Westlake, LA 70669

1,619 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,619 sqft

Price per Sqft $43

MLS Listing ID SWL26004865

HOA Y/N No

Year Built 1966

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 66.6 x 148

Property Sub-Type Duplex

Property Description

Income in place and room to add value make this Westlake duplex an opportunity worth exploring! Located at 712 Magnolia Street, the property offers two units, each with two bedrooms, one bathroom, and approximately 800 square feet of living space. One unit is currently rented for $550 per month on a month to month term to a long term renter, while the other is vacant and will need some repairs before it can be rented, allowing a buyer to improve the vacant side while maintaining an existing rental. The property needs some TLC and offers the opportunity to update the interiors, improve rental appeal, and work toward higher rental income. City utilities, separate meters, and tenant-paid utility bills are a plus for this property. Following repairs and updates, estimated rental potential is approximately $900 per month per unit, which would provide $1,800 in monthly gross rent when both units are leased at that rate. Whether adding to a rental portfolio or looking for a hands-on investment project, this duplex offers existing income and potential for improvement. Located in Flood Zone X. Need 24 hour notice for all showings.

Location

State LA

County Calcasieu

Area Other

Direction From I10 head north on Sampson St turn right on Sulphur Ave turn right on Magnolia St--- Duplex is on the left.

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Oven, Range

Laundry Inside

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access Desc Public

Roof Type Shingle

Private Pool No

Building

Lot Description City Lot, Rectangular Lot

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Others

Tax ID 00689947

Special Listing Condition Standard

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Madeleine Davis

712 Magnolia ST Westlake, LA 70669

Key Details

Location

Interior

Exterior

Building

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712 Magnolia ST