🔥6 Units in Gatesville. HUGE Cashflow Opportunity!🔥

Coryell County, Gatesville, TX, 76528
Sold
Listed at: December 1st, 2021
Price
$299,000
Sq. Footage
4028
Type
Multifamily
Parking
Carport
Year build
1972
Lot size
0.63 acres
Bedrooms
7
Bathrooms
7
Half Bathrooms
0
Summary

110 N 24th St, Gatesville, TX 76528


Property Overview

  • 6 Units + Vacant Lot
  • Quadplex, Duplex, & Vacant Lot
  • 7 beds, 7 baths (total)
  • 4,028 sqft (total)
  • Lot: 0.63 acres (total)


110 N 24th St

Quadplex + Vacant Lot (same address)

  • 4 beds, 4 baths
  • 2,100 sqft
  • 1972 build
  • Lot: 0.48 acres (quadplex + vacant lot)
  • The vacant lot is located directly behind the quadplex. Another structure could easily be build here.


2406 Oak Dr

Duplex

  • 3 beds, 3 baths
  • 1,928 sqft
  • 1968 build
  • Lot: 0.15 acres


Rental Summary

Current Total Monthly Rent: $2,830

Total Potential Monthly Rent: $5,725+


Rental Info

Quadplex

Unit A

  • 1 bed, 1 bath
  • Current Monthly Rent: $495
  • Lease End: M2M
  • Market Rent: $800
  • Tenant pays all utilities

Unit B

  • 1 bed, 1 bath
  • Current Monthly Rent: $495
  • Lease End: 7/31//2022
  • Market Rent: $800
  • Tenant pays all utilities

Unit C

  • 1 bed, 1 bath
  • Current Monthly Rent: $495
  • Lease End: M2M
  • Market Rent: $800
  • Tenant pays all utilities

Unit D

  • 1 bed, 1 bath
  • Current Monthly Rent: $495
  • Lease End: 12/31/21
  • Market Rent: $800
  • Tenant pays all utilities


Duplex

Unit A

  • 1 bed, 1 bath
  • Current Monthly Rent: $350
  • Lease End: M2M
  • Market Rent: $800
  • Tenant pays all utilities

Unit B

  • 2 beds, 2 baths
  • Current Monthly Rent: $500
  • Lease End: M2M
  • Market Rent: $925
  • Tenant pays all utilities

 

Property Condition

Roof: Both New in 2012

HVAC: New in 2012


More Photos:



Asking Price: $299,000

Closing Date: 12-27-21 or sooner


Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️

DISCLAIMER: This is an assignment of contract. A legally binding purchase & sale contract has been signed giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Genevieve Gorgos

No reviews

Disposition manager