More about 3501/3505 5th Avenue, Lake Charles, LA 70601
Great investment opportunity! Priced below 2014 appraisal of $2,250,000. Well maintained commercial building just minutes off I-210. Endless possibilities. 3501 5th avenue is 14,254 sq ft and has 4 individual rental units. 3505 5th Avenue is 14,720 sq ft and has 5 individual units. All units have private bathrooms and some have kitchen areas also. Excellent rental history and some long term state contracts. Current rents are $24,589 per month. There is currently 1 vacant units and all units are on separate electric meter. Owner pays water for all units. Tons of concrete parking. Not in a flood zone. Seller will consider subdividing and selling buildings 3501 or 3505 separately.