Lake viewsOpen floor planDetached studioGenerous parkingBonus room
Unique multifamily property featuring two separate homes on an approximately 10,000 SF lot. The main home offers approximately 1,200 SF with 3 bedrooms, 2 bathrooms, an open floor plan, and bonus room. The detached studio includes 1 bathroom and is currently rented, providing immediate rental income. Features include separately metered utilities, city water and sewer, lake views, generous parking, and a convenient location near shopping and Clear Lake. Owner financing available.
What the owner loves about this home
OWNER FINANCING AVAILABLE – No Bank Loan Required
Purchase Price: $195,000
Owner Financing Available:
• Minimum Down Payment: $25,000
• Interest Rate: 8–10%
• Flexible Terms Available
This unique multifamily property includes two separate homes on an approximately 10,000 square foot lot, offering an excellent opportunity for owner-occupants, investors, or multigenerational living. Live in one home while generating rental income from the other, or add a versatile income-producing property to your portfolio.
Property Features:
• Two Separate Homes on One Lot
• Approx. 10,000 SF Lot
• Main Home: Approx. 1,200 SF
• 3 Bedrooms | 2 Bathrooms
• Open Floor Plan with Bonus Room
• Detached Studio: Approx. 500 SF | 1 Bathroom
• Studio Currently Rented for Immediate Income
• Lake Views from Main Home
• Walking Distance to Clear Lake and Shopping
• Large Yard with Expansion Potential
• Large Carport with Additional RV and Boat Parking
• Separately Metered Utilities
• City Water and Sewer
The main home will be delivered vacant and is structurally sound, requiring primarily cosmetic updates such as paint, flooring, and kitchen finishes. This creates an excellent opportunity to build equity without major structural renovations.
The detached studio is currently occupied and provides immediate rental income, while the large lot, separate utility meters, and flexible layout offer multiple possibilities for long-term use and future value.
Owner financing terms can be customized based on down payment amount, purchase price, term length, monthly payment, interest rate, and balloon payment structure. We are willing to work toward a financing arrangement that is fair for both parties.
Contact us for financing details or to schedule a private showing.
42 days
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759
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35
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Listed by:
Property Owner(602) 303-3001
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.