311 E Live Oak Street, Seguin, TX 78155

$275,000
2,824
SqFt

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List Price
$275,000
Price Change
▼ $20,000 1757965216
MLS#
566972
Status
ACTIVE
County
Guadalupe
City
Seguin
Subdivision
Inner
Living Area
2,824
Acres
0.23
Property Subtype
Apartment

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

Days on Market
572
Year Built
1939
Style
Traditional
Stories
2
Interior Features
Ceiling Fan(s), Tub Shower
Cooling
3+ Units, Wall/Window Unit(s)
Heating
Multiple Heating Units, Window Unit
Roof
Metal
Pool Description
None
School District
Seguin ISD

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Calculator source: Real Geeks

Listing courtesy of Dawson & Associates.