Photo 1 of 1
$175,000
Sold on 10/07/19
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
2,484 |
$1,731 |
1923 |
On the market:
53 days
|
View full details, 15 photos, school info, and price history
Investors delight! This commercial 5-Unit property is located in the rapidly appreciating area of Seminole Heights. Only 10 minutes from downtown, this property can be used as a buy and hold or quick flip after leasing. There are currently two renovated units filled with tenants on a month to month lease. One is bringing in $600 and the other $700. There is major opportunity to increase these rents to $800+ and fill the other three units for the same price to achieve $4,000 in monthly cashflow. At an annual NOI of $48,000 and a $245,000 purchase this provides an incredible ROI. If interested please drive by, and contact me for a showing. Do not disturb tenants inside.
Listing courtesy of Jorge Zea, BLUE LIGHTHOUSE REALTY INC