211 Lulac Street, Alvin, Texas 77511

$196,000
1
BD
1
BA
2,752
SqFt
List Price
$196,000
Status
ACTIVE
MLS#
10958548
Days on Market
22
Year Built
1976
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
2,752
Lot Size
6,098
Lot Size Source
Appraisal District
Subdivision
Hayes
Region
5
Market Area
Alvin South
County
Brazoria

Property Description

Rare opportunity to purchase a 6 unit complex in Alvin for way under market. Property needs a FULL remodel—-foundation, electrical, plumbing, windows, siding, and all interior finishes. Consists of 4- 1 bedroom/1 bath/living/kitchen units, and 2 efficiency units. The 4 1-bedroom units were all previously rented last year in current condition for $450/month each and the efficiencies for $400, with gross rents of $2600/month. Landlord pays gas and water. Opportunity to raise rents substantially after full rehab. Property is currently vacant, and priced under market for quick sale!

Additional Information

Finance Available
Cash Sale, Conventional, Investor
Taxes
$3,529
Tax Rate
3.0037
Tax Year
2018
Neighborhood
Hayes
Heating
Central Gas
Cooling
Window Units
Stories
1
Roof
Composition
Sqft Source
Appraisal District
School District
Alvin
Elementary School
Hasse Elementary School (Alvin)
Middle School
G W Harby J H
High School
Alvin High School
Legal
HAYES (A0491 HOOPER & WADE)(ALVIN), LOT 40, ACRES 0.140
Section Number
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Champions Real Estate Group.