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.
Features of 311 E Live Oak Street
MLS® #
566972
Price
$275,000
Bathrooms
0.00
Square Footage
2,824
Acres
0.23
Year Built
1939
Type
Residential
Sub-Type
Apartment
Style
Traditional
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Seguin
Address
311 E Live Oak Street
Subdivision
Inner
City
Seguin
County
Guadalupe
State
Texas
Zip Code
78155
Amenities of 311 E Live Oak Street
Utilities
Cable Available, Electricity Available, Natural Gas Connected, Trash Collection Public
Features
Curbs
Parking Spaces
1
Interior of 311 E Live Oak Street
Interior
Vinyl, Wood
Appliances
Gas Range, Range, Refrigerator
Heating
Multiple Heating Units, Window Unit
Cooling
ThreeOrMoreUnits, Wall/Window Unit(s)
Fireplace
No
Fireplaces
None
# of Stories
2
Stories
Two
Exterior of 311 E Live Oak Street
Roof
Metal
Construction
Wood Siding
Foundation
Pillar/Post/Pier
School Information
District
Seguin ISD
Additional Information On 311 E Live Oak Street
Days on Market
449
Foreclosure
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $295,000 to $275,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
The information being provided by the Central Texas MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Dawson & Associates. The data is deemed reliable but is not guaranteed accurate by the MLS.