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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,934 sqft
Price per Sqft $47
Subdivision Westview Gatesville
MLS Listing ID 363084
Sold Date 12/07/18
Style Traditional
HOA Y/N No
Year Built 1999
Lot Size 9,365 Sqft
Acres 0.215
Property Description
One of newest multi family buildings in Gatesville. This town home-style fourplex has been professionally managed for more than 6 years with access to full maintenance records, rent rolls and leases during option period. This building is currently 75% occupied:
Unit A- lease ends 9/29/19 at $575
Unit B-lease ends 7/25/2018 at $560
Unit C-lease ends 7/26/18 at $625
Unit D-currently vacant should rent between $675-$725 per month after cosmetic refresh
Fully rented, monthly income should be between $2435 - $2485. Any investor should agree that these numbers work at listed sales price.
Each kitchen equipped with electric range, dishwasher and refrigerator. Recently discovered foundation issue on Unit D end of building. Please find estimate tor repair from Centex Foundation in associated docs. List price reflects reduction for this anticipated cost.
Location
State TX
County Coryell
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage No Garage
Fence Partial
Community Features None
Utilities Available Cable Available, Electricity Available, High Speed Internet Available, Separate Meters
Amenities Available None
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Schools
Elementary Schools Gatesville
Middle Schools Gatesville
High Schools Gatesville
School District Gatesville Isd
Others
Tax ID 116065
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Keith Prang • Gold Medal Realty Group
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