Active

$745,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 2409 sq ft
Overview
  • ID: MFRU8219428
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 2409 sq ft
Property Details
Remarks
Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.
Financial Considerations
Price:
$745,000
HOA Fee:
N/A
Tax Amount:
$6367.99
Price per SqFt:
$309.26
Tax Legal Description:
WILSON'S REPLAT LOTS 1 AND 2
Exterior Features
Lot Size:
7488
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Open, Oversized, Parking Pad
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Central, Natural Gas
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1982
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    4631 40TH ST N
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