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1318 Austin Street, MLS # 88690696, Rosenberg Commercial For Sale | PROPERTY EXPERTS
1318 Austin Street , Jas Lowery, Rosenberg, 77471
1318 Austin Street presented by :
Brokered By: First Texas Realty
Price: | 285,000.00 |
Type: | Multiple Detached Dwellings |
Square Feet: | 1867 |
Bedrooms: | 2 |
Bathrooms: | 1 |
Full Bathrooms: | 1 |
Year Built: | 1969 |
MLS # | 88690696 |
Directions
59/69 , exit north on SH 36 in Rosenberg, to FM 1640/ Avenue I, take right to Austin St. Take right to 1318 Austin St
Remarks
THIS INCOME PRODUCING PROPERTY IS IN A GREAT LOCATION WITH EASY ON EASY OFF US 59/69 AS WELL AS HWY 36 NORTH AND SOUTH AS WELL AS US 90 ALT EAST TO WEST. THERE IS A DUPLEX AND A SEPARATE STUDIO WITH IT'S OWN ENTRANCE VIA A SERVICE ALLEY. THEY ARE 100% LEASED UNTIL END OF 2024.NO HOA!! TENANTS PAY FOR THEIR OWN ELECTRICITY AS THEY HAVE SEPARATE ELECTRIC METERS. ALL SHARE WATER, SEWER, GARBAGE AND MAI NTENANCE. NO MAJOR EXPENSES AS THEY ARE COMPLETELY REMODELED, NEW DISHWASHERS, NEW FLOORS, STOVES, BLINDS AND A/C UNITS AND ELECTRICAL PANAL BOXES . ROOF IS APPROXIMATLEY 15 YEARS OLD. COME SEE THIS EXEPTIONAL INCOME/INVESTMENT PROPERTY IN OLDE ROSENBERG. CAP RATE 8.7%.
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Brokered By: First Texas Realty