Available
$159,000(ARV: $260,000)61% of ARV

Anderson County, Palestine, TX 75801

5 bd4 ba4,544 sfBuilt 1912

1 day ago

Gross spread$101,000

Description

INVESTOR SPECIAL – 4-UNIT CASH FLOW OPPORTUNITY IN TEXAS! ACT FAST! Calling all investors! Don't miss this incredible opportunity to own a 4-unit income-producing property with HUGE cash flow potential! Whether you're looking to expand your rental portfolio or secure your next value-add investment, this property has plenty of upside! The property features (3) one-bedroom units and (1) two-bedroom unit. Currently, 2 units are occupied, generating $1,200 per month in rental income ($600 each). Once fully occupied, the property has the potential to generate at least $2,400 per month ($28,800 annually) in gross rental income based on projected rents! The property is in decent overall condition based on a recent walkthrough with our contractor. The roof is approximately 10 years old, and the property already has rentable units, offering an excellent opportunity to generate income while making improvements over time! HUGE VALUE-ADD POTENTIAL! Bring your vision, maximize the rental income, and turn this 4-unit property into a CASH-FLOWING MACHINE! Perfect for buy-and-hold investors looking for long-term passive income. 4 UNITS! EXISTING RENTAL INCOME! MASSIVE UPSIDE! ACT FAST BEFORE THIS OPPORTUNITY IS GONE!

Property

Bedrooms5
Bathrooms4
Square feet4,544
Lot size10,629 sf
Year built1912
ConditionLight Rehab
OccupancyTenant Occupied
ParkingDriveway

Systems & condition

Roof age4-10 yrs
HeatingOther
Air conditioningWindow units
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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