Not your typical "one trick pony" property. Zoned SF5 and armed with a gigantic 8,389 sq ft lot, this bad-boy has one sweet "Location, Location, Location!" ...Try St. John at IH-35 by hwy 183, 290, and 2222! Hungry? Why not walk to Pappasitos and treat yourself to that dinner you deserve. Heck...with this home's 6-year proven track record of $400 monthly cashflow, why not treat your extended family using some of first month's rental income?! Hardwood floors, rock solid foundation, and 3-year-old roof. Cosmetics need a bit of lovin'. Want options? Grab this workhorse property for only $18K (which includes $5,000 assignment) and pay off the rest in 6-18months. Or just make it yours for the flat $55,000. Zoned SF5 Gigantic lot 8,389 sq ft Great potential as multi-family Location St. John / IH-35 / 183 / 2222 / 290 Strategic Flexibility: Rental, Flip, Duplex 6-year proven track record as rental property with $400 /mo. cashflow Hardwood floors, solid foundation, 3-year-old roof; Needs minor cosmetic attention 2 / 1 with 572 sq ft Investor cost: $55K Rehab cost: $10K Total Investor cost: $65K 2/1 ARV: $100K Gross Investor Profit: $35K 35% PROFIT
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
