423 3rd Avenue N , #12

    Texas City, TX 77590
    • $569,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 45735796
    UPDATED: 165 min ago
    $569,000
    • 6
      BEDS
    • 0.6
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 10,713
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:
    33

    School Information

    Middle School:
    High School:
    School District:

    Description

    Excellent opportunity to increase equity but also cashflow at the same time! 100% rented property located minutes away from the port, walking distance from at least 2 parks, a plaza, and several other outdoor amenities. Property only has 1 vacant unit, and it's bringing about $6k in gross revenue. Rents and property can be optimized, which represents a great opportunity for value add investors who wish to optimize rent and generate appreciation.

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    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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 2020-04-10T00:11:20.897.
    www.ellisonrealestateteam.com/homes/102164821

    423 3rd Avenue N , #12 Texas City, TX 77590

    • Price: $569,000
    • Status: Active
    • Updated: 165 min ago
    • MLS #: 45735796
    6
    Beds
    6
    Baths
    0
    ½ Baths
    0.6
    Acres
    10,713
    SQFT
    $53
    $/SQFT
    1965
    Built
    Neighborhood:
    Texas City
    County:
    Galveston
    Area:
    33
    Elementary School:
    Heights Elementary School (Texas City)
    Middle School:
    Blocker Middle School
    High School:
    Texas City High School
    School District:
    Texas City
    Property Description
    Excellent opportunity to increase equity but also cashflow at the same time! 100% rented property located minutes away from the port, walking distance from at least 2 parks, a plaza, and several other outdoor amenities. Property only has 1 vacant unit, and it's bringing about $6k in gross revenue. Rents and property can be optimized, which represents a great opportunity for value add investors who wish to optimize rent and generate appreciation.
    Exterior Features

    Roof Composition

    Interior Features

    Cool System Window Units Heat System Window Unit

    Property Features

    Contract Type Commercial Country United States Disclosures No Disclosures Expense Owner Operating AdvertisingInsuranceMaintenance/RepairManagementTrash CollectionWater/Sewer Fee Other No Finance Available ConventionalInvestor Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No New Construction No Property Sub Type 5 Plus Restrictions Unknown Sq Ft Source Appraisal District Tax Amount 3436 Tax Rate 2.8096 Tax Year 2019 Unit Features Patio Utilities CableElectricWater Year Built Src Appraisal District

    Listing information © 2020 Houston Association of REALTORS® MLS.
    Listing courtesy of Sanmore Realty.



    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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 2020-04-10T00:11:20.897.
     
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