811 Spears Street

    Alvarado, TX 76009
    • $1,190,000
    • STATUS: Active Under Contract
    • ON SITE: 63 days
    • MLS #: 14186622
    Under Contract
    UPDATED: 30 min ago
    $1,190,000
    • 0
      BEDS
    • 0.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

    Elementary School:
    High School:
    School District:
    Offered by Cindy Munoz Salinas of Wnc Residential Llc.

    Description

    RARE OPPORTUNITY TO BUY a Multifamily complex and 25 storage units. 12 units are townhouse styled with bedrooms upstairs, and living, kitchen and privately fenced yard downstairs. All units are metered individually for water and electric. These townhomes are 100% occupied with a current waiting list. All deferred maintenance has been addressed within the past 24 months, with over $200,000 in improvements. 25 Storage units are remodeled with CO and are mostly unoccupied. Opportunity with storage units to add $2,421 to monthly income. Seller willing to finance. See special provisions for terms.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-20T15:41:06.553.
    www.rebdgroup.com/homes/99038747

    811 Spears Street Alvarado, TX 76009

    • Price: $1,190,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • MLS #: 14186622
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.86
    Acres
    Neighborhood:
    Robertson Addition
    County:
    Johnson
    Area:
    Johnson County
    Elementary School:
    Alvarado N
    High School:
    Alvarado
    School District:
    Alvarado ISD
    Property Description
    RARE OPPORTUNITY TO BUY a Multifamily complex and 25 storage units. 12 units are townhouse styled with bedrooms upstairs, and living, kitchen and privately fenced yard downstairs. All units are metered individually for water and electric. These townhomes are 100% occupied with a current waiting list. All deferred maintenance has been addressed within the past 24 months, with over $200,000 in improvements. 25 Storage units are remodeled with CO and are mostly unoccupied. Opportunity with storage units to add $2,421 to monthly income. Seller willing to finance. See special provisions for terms.
    Exterior Features

    Construction BrickSiding Foundation Slab Parking Or Garage Front Parking Spaces 24 Pool On Property No Roof Composition

    Interior Features

    Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features Other Kitchen Equipment DishwasherOven-ElectricRange/Oven-Electric Sq Ft Building 12000

    Property Features

    Building Area Source Tax Buildings 3 Complex Name Spears Townhomes Construction Status Preowned Gross Annual Expenses 28992 Gross Annual Income 128880 HOA None Insurance Expense 8000 Intermediate School Alvarado Junior High School Alvarado Municipal Utility District No Net Annual Income 99876 Possession Closing/Funding Property Type Mul-Apartment/5Plex+ Proposed Financing CashConventionalFhaOwner Carry FirstOwner Carry SecondVa Total Annual Expenses Include InsuranceTaxes Unit Count 1 Utilities City SewerCity Water Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-20T15:41:06.553.
     
    Real Estate By Design
    2434 Lillian Miller Pkwy
    Denton TX, 76205
    Offered by Cindy Munoz Salinas of Wnc Residential Llc.