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This 2 lot, two building property is a triplex waiting for the perfect person, couple, or family to come and live in one part and manage the other two! With tons of yard space and still room for further improvements, this could make a great first investment for someone or a great portfolio addition for a seasoned investor. Perfect for a DSCR loan. (Debt service coverage ratio) Over the years, we have had many good tenants come and go. They like the fact that we do our best to keep the property nice, and that the neighbors are quiet and friendly and have a high pride of ownership regarding their own properties. All of the neighbors love that there is a sheriff who lives on the street as well! The large oak trees in the front and backyards also add a ton of charm to the property, and being just about 1 mile from both Walmart and HEB is an advantage as well. This property does have separate...
This 2 lot, two building property is a triplex waiting for the perfect person, couple, or family to come and live in one part and manage the other two! With tons of yard space and still room for further improvements, this could make a great first investment for someone or a great portfolio addition for a seasoned investor. Perfect for a DSCR loan. (Debt service coverage ratio) Over the years, we have had many good tenants come and go. They like the fact that we do our best to keep the property nice, and that the neighbors are quiet and friendly and have a high pride of ownership regarding their own properties. All of the neighbors love that there is a sheriff who lives on the street as well! The large oak trees in the front and backyards also add a ton of charm to the property, and being just about 1 mile from both Walmart and HEB is an advantage as well. This property does have separate water meters and separate electric meters so it can be bought and sold separately. The survey work has already been completed approved by the city. Owner is a licensed agent and all showings will be scheduled through him. Because there are tenants, showings may be a little harder to schedule. Owner is willing to replace the roof with 25 year shingles and also change all window AC units to Minisplit units with any reasonable offer.
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