609 Race StreetCrowley, TX 76036

Description

Don't miss out on this great investment opportunity in Crowley, IT IS PRICED TO SELL! Please do not send offers below asking, this is listed better than the old 1% rule that is unheard of these days. The exterior is freshly painted. Each unit has a THREE bedrooms, one bathroom configuration and spacious layout that includes a living room, dining area, kitchen, utility room, and bathroom. All units have individual water heaters and central HVAC. Separate utility room located next to the kitchen includes washer & dryer hookups. Units are individually metered for water and electricity (tenant expense). Owner pays trash service on a monthly basis. Housing vouchers will pay $1772 a month so if you get all on vouchers it would bring in $7088 per month for an excellent ROI. Unit C is currently the only occupied unit at $1350 MTM. The other 3 units were vacated for updates. Being sold AS IS. Seller disclosure and survey are in the docs along with an AS-IS appraisal for $550k and the inspection report so there are no surprises. Reason for selling is bigger investment opportunity. Serious inquiries only please.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1998

Building area

4,432 Sq Ft

Lot size

0.24 acres

Parking spaces

8

Days on market

43

MLS^® Listing#

21380678

Property Features

Interior

Other

Appliances

Dishwasher · Electric Range · Refrigerator

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Central · Electric

Flooring

Ceramic Tile · Vinyl

Parking

Concrete

Construction

Brick

Foundation

Slab

Roof

Composition

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Bess Race

Middle

Stevens

High

Crowley

District

Crowley ISD

Financial Details

Annual taxes

$11,142

Parcel number

05546974

Directions

GPS