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Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $156
MLS Listing ID 18928671
Bedrooms 3
Full Baths 2
Year Built 2013
Property Sub-Type Detached
Property Description
INVESTMENT PORTFOLIO of five (5) single family 3 bedroom, 2 bath homes in one easy to maintain location. Rental rates average $1,863 per occupied unit and include kitchen appliance package with microwave, vent-hood, dishwasher, refrigerator and washer/dryer. The complex is conveniently located just a few blocks off Hwy 290 and the local business district of downtown Giddings. With proven occupancy levels, easy to maintain construction design and finish-out, and built in efficiencies, this property offers investor/owner options - continue to operate as rentals units with the option to divide and sell homes individually.
Location
State TX
County Lee
Area 70
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Exterior
Roof Type Metal
Building
New Construction No
Schools
Elementary Schools Giddings Elementary School
Middle Schools Giddings Middle School
High Schools Giddings High School
School District 189 - Giddings
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Schultz Texas Properties, LLC
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Travis Nichols
Broker Associate | License ID: 506280
Broker Associate License ID: 506280