2002 Mustang Road, Alvin, Texas 77511

$549,000
1
BD
1
BA
3,600
SqFt
List Price
$549,000
Status
ACTIVE
MLS#
24050749
Price Change
▼ $76,000 1581661065
Days on Market
8
Year Built
1969
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
3,600
Lot Size
15,342
Lot Size Source
Appraisal District
Subdivision
Cedar Lane Alvin
Region
5
Market Area
Alvin South
County
Brazoria

Property Description

Income Producing 8 Plex on 3 Parcels in Alvin! Fully occupied and generating income NOW! 3 buildings consisting of 8 1 bedroom/ 1 bathroom units. Two duplexes and one four-plex. All apartments are rented with tenants currently paying $750 per month. Tenants pay all utilities. All galvanized plumbing replaced with flex piping. Current monthly income total is $6000. Property has never been flooded and is located in flood Zone X. Great investment opportunity!

Additional Information

Finance Available
Cash Sale, Conventional
Taxes
$4,091
Tax Rate
2.9268
Tax Year
2019
Heating
Window Unit
Cooling
Window Units
Floor
Tile
Stories
2
Utilities
Electric, Water
Lot Description
Other
Exterior
Wood
Roof
Composition
Sqft Source
Appraisal District
Energy
Ceiling Fans
School District
Alvin
Elementary School
Walt Disney Elementary School
Middle School
Alvin Junior High School
High School
Alvin High School
Legal
CEDAR LANE (ALVIN) LOT A-A2B (PT)
Section Number
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.