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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $62
Subdivision Loma Vista Estates Ph Two
MLS Listing ID 398279
Sold Date 02/07/20
Style A-Frame
HOA Y/N No
Year Built 2001
Lot Size 9,818 Sqft
Acres 0.2254
Property Description
Turn key & Great cash flow - total income now is $2850. Unit b rent is $775, units a, c and d -rent is $700 so you can raise the rents on these ( value add ).
Expirations of leases: unit a- 11.30.20, b- 5.30.20, c- 10.31.20, d 9.30.20
Since i can’t bother tenants for each interested prospect- the only showings/ inspections will be done Only during 12 days of an inspection period. Option fee is $500 credited towards the purchase.
Upgrades I've done: New floorings in a few rooms, new hvac system from end of 2019 for unit b and back yard chain fenced for each apt. I also had engineering company do a cost segregation study and by that you pay 0 federal income tax for a few by faster/bigger depreciation SUBJECT TO TALKING to your accountant (there are also a lot of youtube videos about this)
Location
State TX
County Bell
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup
Interior
Laundry Location Washer Hookup,Electric Dryer Hookup
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Exterior Feature Storage
Garage No Garage
Fence Chain Link
Community Features None, Storage Facilities
Utilities Available None
Amenities Available None, Storage
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Parking Type No Garage
Building
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style A-Frame
Level or Stories Two
Schools
School District Killeen Isd
Others
Tax ID 233564
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Kelly MacIntyre • Sphere Realty