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Property Attributes
- MLS#20551336
- TypeMulti-Family
- CountyBROWN
- CityBrownwood
- NeighborhoodBluff View Estates 4th Addition
- Zip76801
- StyleMultiple Single Units
- Price$ 75,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Lot Size0.3581 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Fresh exterior paint June 2024 and upgraded electrical. Excellent buy and hold opportunity with 10+ year long-term tenant in place who have no desire to move. 3 bedrooms with 1 bath and a large main living area. Kitchen and dining are are of good size and the home has a very large back yard with a big storage building. Recent updates include fresh exterior paint, a new electrical panel, upgraded electrical wiring in part of the home, new electric cooktop, new water heater, replaced main sewer line. The original wood flooring is in good condition and flows throughout the home with ceramic tile installed in the bathroom and kitchen. The garage has been enclosed and is currently used for storage. There are washer and dryer connections in the kitchen and the tenant pays all utilities. Rent was just raised to $740 per month but is still below market value...this presents an opportunity to buy an investment home showing a good rate of return with positive upside.
Elementary School |
---|
Northwest Elementary School |
Price History | |
---|---|
3/4/2024 | Listed $79,000 |
3/17/2024 | 6% - $75,000 |
4/9/2024 | 7% - $70,000 |
General Features
Heating | Space Heater |
---|---|
Complex Name | NA |
Cooling | Ceiling Fan(s),Window Unit(s) |
Utilities | All Weather Road,Asphalt,Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Overhead Utilities,Phone Available |
Possession | Closing/Funding |
Roof | Composition |
Appliances | Electric Cooktop,Electric Oven,Refrigerator |
School District | Brownwood ISD |
Capitalization Rate | 9.57 |
Exclusions | window units,wash,dryer - all tenant owned |
Year Built | 9999 |
Tenancy | Month to Month,Pets Allowed |
Levels | One |
Will Subdivide | No |
Gross Annual Expenses | 1703.00 |
Property SubType | Multiple Single Units |
Subdivision Name | Bluff View Estates 4th Addition |
Accessibility Features | Accessible Approach with Ramp |
County | Brown |
Property Type | Residential Income |
Security Features | Smoke Detector(s) |
Construction Materials | Siding |
Year Built Details | Preowned |
HOA Type | None |
# of Buildings | 1 |
Status | Active |
Directions | GPS Friendly. Turn off of Commerce onto Bluffview. Take the first left onto La Vista and then the second left onto La Monte. House is most of the may down on the right. |
City | Brownwood |
Buyer Agent Compensation | 3 |
Elementary School Name | Northwest |
High School | Brownwood |
Elementary School | Northwest |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20551336 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Built-in Features,Cable TV Available,Eat-in Kitchen,High Speed Internet Available |
---|---|
Flooring | Tile,Wood |
Occupancy Rate | 100 |
Total Units | 1 |
Unit Count | 1 |
Full Baths | 1 |
Lock Box Type | None |
Total Bedrooms | 3 |
Total Baths | 1 |
Window Features | Window Coverings |
Exterior Features
Exterior Features | Storage |
---|---|
Lot Features | Few Trees,Interior Lot,Level,Lrg. Backyard Grass |
Fencing | Back Yard,Chain Link,Fenced |
Lot Size Source | Assessor |
Parking Features | Driveway,On Street |
Lot Size | Less Than .5 Acre (not Zero) |
Foundation | Pillar/Post/Pier |
Lot Size Area | 0.3581 |
Lot Size Dimensions | 75x208 |
Number Of Parking Spaces | 1 |
Lot Size Units | Acres |
Building Area Total | 1400.00 |
Lot Size Square Feet | 15598.8360 |
Lot Size Acres | 0.3581 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool