1414 10th St, Lake Charles, LA 70601

Pending... Just entered Contract. Our Flop Could Be Your Gold Mine! Asking Price: $95000 Approx. 2,500 Sq. Ft. | 3 Bedrooms | 2 Bathrooms Here’s your chance to take on a major fixer-upper with serious upside in Lake Charles, Louisiana. We originally purchased 1414 10th Street as a fix-and-flip project, but being out of state made the renovation more difficult and time-consuming than anticipated. Rather than continue trying to manage a major renovation from afar, we're ready to let another investor take over and turn this property into a profitable project. The Property This approximately 2,500-square-foot, 3-bedroom, 2-bathroom home is definitely a full renovation project. The property has mold issues and significant older termite damage, so this is not a cosmetic rehab. The home should be approached as a substantial renovation, potentially including demolition, remediation, structural evaluation, and a complete refresh. Estimated costs to be around 120k Fully Rehabbed. The good news? The property has already been cleared out and is ready for demolition and renovation to begin. The Opportunity We're asking $116,000 — the same amount we paid for the property. With the right investor, contractor, and renovation plan, this property could have substantial potential. Based on our assessment, a fully rebuilt and properly renovated property could potentially reach an ARV around $400,000, depending on the final renovation, finishes, market conditions, and comparable sales at the time of completion. That creates the possibility for a significant value-add opportunity for an experienced investor. Who Is This For? This property is best suited for: Fix-and-flip investors Experienced rehabbers Contractors Buy-and-hold investors Investors looking for a major value-add project Builders looking for a substantial renovation opportunity This is NOT a turnkey property. Buyers should conduct their own inspections, determine the extent of mold and termite-related damage, evaluate structural conditions, and independently verify renovation costs and potential ARV. The Bottom Line We bought it intending to create a great investment property. Unfortunately, managing a major renovation from out of state became more than we could reasonably take on. Now we're passing the opportunity to someone who can see the potential. Our flop could become your gold mine. $116,000 Asking Price ~2,500 Sq. Ft. 3 Bedrooms | 2 Bathrooms Major Rehab / Full Renovation Cleared Out & Ready for Demo Bring your contractor, run your numbers, and see if 1414 10th Street can become your next big project. All buyers should independently verify property condition, square footage, zoning, renovation costs, comparable sales, and projected ARV. The $400,000 ARV figure is an estimate based on a complete, high-quality renovation and is not guaranteed.