Linda Quinette
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo
1561 Ham Reid Rd Road, Lake Charles, LA 70605 Photo

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1561 Ham Reid Rd Road Lake Charles, LA 70605
$595,000
Active / MLS# SWL26000822 / Multi Unit - Multiple / Lake Charles
0 Beds

Turnkey income-producing property with approved expansion potential - generate cash flow today while positioned to grow from 4 doors to 12 doors with infrastructure already in place. Fully occupied and built in 2021, this exceptional investment opportunity features two duplexes (4 total units) situated on approximately one acre, offering immediate income with significant future upside. Each unit provides approximately 1,000 square feet with 2 bedrooms and 2 bathrooms, functional modern layouts, standard kitchen appliances, and ample parking for tenants. The property is currently generating $48,000 in annual gross income with operating expenses of approximately $12,360, delivering strong in-place cash flow from day one. Separate electrical meters are in place, with one shared water meter serving the property. What truly sets this investment apart is the development readiness. The property is already zoned and approved for four additional duplexes, allowing expansion to a total of 12 doors. A major cost savings to the next owner is the installed sewer system sized for full build-out, along with electrical and plumbing infrastructure already pre-run to accommodate future units - dramatically reducing development costs, timelines, and risk. This rare opportunity allows an investor to acquire stabilized income while strategically expanding and increasing rental revenue over time. Ideal for investors seeking a combination of immediate returns, scalability, and long-term portfolio growth. Rent roll, operating expense details, and additional development information available upon request through listing agent. Duplexes have two addresses - 1561 Ham Reid unit 1 and 2 - 1559 Ham Reid unit 1 and 2.

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Linda Quinette Agent Cell: (504) 888-4585

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 3,675.34 per month $3,328.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $347.08 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Home Style: Traditional
Lot Size: 0.87 Acres
Stories: 1.0
Year Built: 2021

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Built-In Range, Electric Cooking
Days on Site: 25
Exclusions: Washer, Dryer
Exterior: Brick
Lot: Back Yard, City Lot
Lot Dimensions: 193' x 197' x 192' x 197 m/l
Pool: None
Sewer: Shared Septic
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Agent Name: Danette McManus

Shown By

Agent Name: Linda Quinette
Agent Phone: (504) 888-4585
Agency Title: Compass

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