301 E Cedar Street ALometa, TX 76853

Description

OWNER FINANCING is available with 25% Down!! This is a TURNKEY INVESTMENT PROPERTY.... THERE ARE FOUR CABINS, with about 450 square foot each, and all are rented out and equipped with a fridge and range. It is possible someone could live in one unit while continuing to rent out the other 3. One cabin has been recently revamped. The cabins are two main rooms, each. One room - is a kitchen - living room, second room - is a bedroom and a full bath. They are heated and cooled with an energy-efficient Mini split and cabins are all electric. There is enough room to build more units on the property. Property is located very near the heart of Lometa and not far from the school. Landlord pays water and sewer bill and garbage collection and is responsible for lawn care. Cabins are 10 years old but have had updates since.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

2014

Building area

2,400 Sq Ft

Lot size

0.30 acres

Parking spaces

4

Days on market

676

MLS^® Listing#

20786804

Property Features

Interior

Other

Appliances

Electric Range · Electric Water Heater · Refrigerator

Cooling

Wall Unit(s)

Heating

Electric

Flooring

Laminate

Parking

Gravel

Construction

Wood Siding

Foundation

Pillar/Post/Pier

Roof

Metal

Utilities

Electricity Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Lometa

Middle

Lometa

High

Lometa

District

Lometa ISD

Financial Details

Annual taxes

$909

Parcel number

6964

Directions

At the intersection of N. Fourth Street and W. Elm Street, go west onto W. Elm Street. Then continue across the railroad tracts which will put you on E. Railway St. Stay on E. Railway St. for a short distance and turn right onto E. Cedar St. for about two blocks and property will be on the left.