311 E Live Oak Street, Seguin, TX 78155

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List Price
$275,000
Status
ACTIVE
MLS#
566972
Price Change
▼ $20,000 1757965216
Living Area
2,824

Property Description

This wonderful older home has been split up into six different units. It brings in a monthly income of $4290. There are 3 studio apartments, 2 one bedroom apartments, and 1 two bedroom apartment. All the apartments have their own bathroom, stove, fridge, AC and heat window units. The yearly income is $51,480. The yearly expenses are $25,596. Net operating income is $25,884. The owner does pay all the utilities. The meters are limited and not split up between tenants. After a letter of intent is accepted by the sellers -showings can be set up of the units. There will be no showings prior to this. Due to the fact we do not want to disturb the tenants. Will only go commercial financing since a 6 plex.

Additional Information

Interior Features
Ceiling Fan(s), Tub Shower
Roof
Metal
Appliances
Gas Range, Refrigerator, Range
View
None
School District
Seguin ISD
Sewer
Public Sewer
Stories
2
Street Name
E Live Oak Street
Street Number
311
Neighborhood
Inner
Water
Public
Acres
0.23
County
Guadalupe
Foundation
Pillar/Post/Pier
Heating
Multiple Heating Units, Window Unit

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Dawson & Associates. Contact: (830) 303-7355

Listing courtesy of Listing Agent: Duley Dawson (duleydawson@gvec.net) from Listing Office: Dawson & Associates.