311 E Live Oak St, Seguin, TX 78155

$275,000
2,824
SqFt

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List Price
$275,000
Status
ACTIVE
Days on Market
563
Price Change
▼ $20,000 1757965034
MLS#
1834864
Year Built
1939
Living Area
2,824
Lot Size
9,975
Acres
0.23
Subdivision
Inner

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

Exterior Features
Mature Trees (ext feat), Level
Heating
1 Unit
Air Conditioning
Window/Wall
Exterior Features
Wood
Roof
Metal
School District
Seguin
Elementary School
Seguin
Middle School
Seguin
High School
Seguin

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

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