555 Highway 326 S

Sour Lake TX 77659

10592 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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 identical: 1,324 sq ft, 3 bedrooms, 2 ? 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!

Features

3 bedrooms

2 bathrooms

10592 sq. ft. floor area

Multi-Family

Happy sellers in Sour Lake

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Local market activity for 3 bedroom multi families in Sour Lake

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

John Arcana

at RE/MAX One

View listing

Sales:: (619) 566-0008

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