Listing Courtesy of: John Arcana - RE/MAX ONE
409-860-3200
$1,490,000
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555 HWY 326 Sour Lake, TX 77659
Multi-Family
Residence
3
Beds
2
Baths
Sq. Ft.
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Incredible investment opportunity with great cap rate in this FULLY OCCUPIED 8 unit complex! Only 2 years young in Hardin-Jefferson School District. Currently generating $12,400/month gross income. (that's almost $150,000 income per year!) Tenants cover their own utility payments. Each unit is ident...ical: 1,324 sq ft, 3 bedrooms, 2 ½ bathroom, 1 car garage plus driveway parking for 2 more, primary suites have fully tiled shower/walk in closet/double sink vanity, has their own water and electric meters, comes with laundry appliances(washer & dryer), stainless kitchen appliances, granite countertops, kitchen island, and covered back patio. Just minutes to Hardin Jefferson school. Tax and insurance costs on file to calculate your return on investment. Because this property is only 2 years old, your maintenance costs will be little to none!
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MLS#
62460080
Property Type
Multi-Family
Bedrooms
3
Bathrooms
2 Full
Year Built
2022
Price per Sq. Ft.
$140.67
Stories
2.0
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