$895,000
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5,440 SqFt
SOLD DATE : 12/23/2024
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $156
MLS Listing ID 24013324
Sold Date 12/23/24
HOA Y/N No
Year Built 2013
Lot Size 0.660 Acres
Property Sub-Type Multi Family
Property Description
INVESTMENT PORTFOLIO of five (5) single family 3 bedroom, 2 bath homes in one easy to maintain location. Rental rates average $1,863 per occupied unit and include kitchen appliance package with microwave, vent-hood, dishwasher, refrigerator and washer/dryer. The complex is conveniently located just a few blocks off Hwy 290 and the local business district of downtown Giddings. With proven occupancy levels, easy to maintain construction design and finish-out, and built in efficiencies, this property offers investor/owner options - continue to operate as rentals units with the option to divide and sell homes individually.
Location
State TX
County Lee
Community Other
Area Other
Direction In Giddings from US-77 S and E Independence Street intersection, go East on Independence St. Approximately 0.4 miles turn left onto N Orange Street. In 0.1 miles turn left onto E Boundary Street. Destination will be on the right.
Interior
Interior Features Dry Bar
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Furnishings Unfurnished
Appliance Built-In Electric Oven, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Electric Water Heater, Washer
Exterior
Fence None
Utilities Available Separate Meters
Roof Type Metal
Total Parking Spaces 12
Building
Story 1
Structure Type HardiPlank Type
Others
Senior Community No
Tax ID 24026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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