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429 8th AVE N Texas City, TX 77590
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,716 sqft
Price per Sqft $155
Subdivision Texas City
MLS Listing ID 76323668
Bedrooms 3
Full Baths 1
Year Built 1962
Annual Tax Amount $3,345
Tax Year 2021
Property Sub-Type Multi Family
Property Description
ATTENTION INVESTORS LOOKING TO GROW YOUR RENTAL PORTFOLIO!!! EXPERIENCED TEXAS CITY LANDLORD LOOKING TO SELL PORTFOLIO OF BOTH MULTI-FAMILY AND SINGLE-FAMILY HOMES TO A QUALIFIED INVESTOR!
Seller has owned and operated all units for many years, and has 35+ years of experience as a successful landlord. ALL UNITS RENTED!, and all are currently on month-to-month leases making this purchase an instant earner, with flexibility to grow rents. PLEASE NOTE THAT THIS IS A 2-PART LISTING. Refer to MLS ID #27272689 for the remainder of the portfolio.
Rents below Market values, and there are opportunities for laundry and/or storage income - Buyer to do their own Due Diligence. Detailed maintenance records kept. Seller is also offering his availability during transition to ensure the Buyer's success. See additional detail in Online Docs.
Drive-by's only; please do not disturb tenants. Accompanied showings with executed Contract. ALL INQUIRIES WELCOMED!
Location
State TX
County Galveston
Area 33
Interior
Heating Central, Electric, Gas, Window Unit
Cooling Central Air, Electric, Window Unit(s)
Exterior
Roof Type Composition
Building
New Construction No
Schools
Elementary Schools Roosevelt-Wilson Elementary School
Middle Schools Blocker Middle School
High Schools Texas City High School
School District 52 - Texas City
Others
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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Bought with UTR TEXAS, REALTORS
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