
Description
San Marcos Duplex Portfolio - Prime Location!!! One Block from Texas State! Near the Valero gas station & coffee shop on Old Ranch Road 12. Portfolio is a total of 3 identical duplexes that can also be sold separately. Each duplex has a unit mix of 2/1. Annual gross income is $79,500. Avg. $1,100 per unit - Potential for $1200+. Upside in the rent! Tenant pays all bills. Leases are 12 month with term expiring mid July 2021. 100% occupied. Owner managed for several years. Interior was updated a few years back with new flooring, kitchen appliances, and a bathroom remodel. No flood plain! Great long term investment opportunity!
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0BEDS
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0.8ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
San Marcos Duplex Portfolio - Prime Location!!! One Block from Texas State! Near the Valero gas station & coffee shop on Old Ranch Road 12. Portfolio is a total of 3 identical duplexes that can also be sold separately. Each duplex has a unit mix of 2/1. Annual gross income is $79,500. Avg. $1,100 per unit - Potential for $1200+. Upside in the rent! Tenant pays all bills. Leases are 12 month with term expiring mid July 2021. 100% occupied. Owner managed for several years. Interior was updated a few years back with new flooring, kitchen appliances, and a bathroom remodel. No flood plain! Great long term investment opportunity!
© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-13T00:24:59.1.