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601 S Evans St

Uvalde, TX 78801
  • $950,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 1738234
UPDATED: 104 min ago
$950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,981
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2023
County:
Area:

School Ratings & Info

School District:

Description

REMARKABLE DEAL FOR INVESTORS -- A NEW, ONE STORY, LOW MAINTENANCE APARTMENT COMPLEX OFFERING RARE AFFORDABLE HOUSING IN UVALDE! Close on this one and see the passive income immediately start streaming in. Typically 100% occupied, this nine-unit complex was thoughtfully designed for long term durability and low upkeep while offering beautiful, modern, livable style to attract and retain tenants. Four sides stucco, 30-year asphalt shingles, stained concrete floors and cinder block walls mean little to cost the landlord over the years. Each unit is serviced by a mini-split HVAC system and interior tankless water heater. Inside find an open style in each efficiency with variable floor plans -- all with gray and white chic decor, open living to dining with tall cabinetry, granite countertops and island bar in the kitchen. The separate, spacious full bathroom also offers a granite vanity and either a walk-in shower or tub/shower combo with tile or fiberglass surround. The units share a generous laundry room at the end of the building, outfitted with two washers and two dryers, with hook ups for two more of each appliance. There is plenty of parking for at least two cars per unit with guest spaces available. All this close to downtown, schools and shopping. A massive bonus is there is still space on this .39 acre lot on the lot to add four additional like units to make this a 13-unit complex! Or, if you are feeling generous, turn this space into a recreation area for tenants. Hurry to add this one to your portfolio or make it a smart choice for a first time investor.

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© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gradiz Group | Texas Premier Realty. Last updated 2024-05-21T20:32:56.817.
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601 S Evans St Uvalde, TX 78801

  • Price: $950,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 104 min ago
  • MLS #: 1738234
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,981
SQFT
$159
$/SQFT
2023
Built
Neighborhood:
Uvalde
County:
Uvalde
Area:
Uvalde
School District:
Uvalde Cisd
Property Description
REMARKABLE DEAL FOR INVESTORS -- A NEW, ONE STORY, LOW MAINTENANCE APARTMENT COMPLEX OFFERING RARE AFFORDABLE HOUSING IN UVALDE! Close on this one and see the passive income immediately start streaming in. Typically 100% occupied, this nine-unit complex was thoughtfully designed for long term durability and low upkeep while offering beautiful, modern, livable style to attract and retain tenants. Four sides stucco, 30-year asphalt shingles, stained concrete floors and cinder block walls mean little to cost the landlord over the years. Each unit is serviced by a mini-split HVAC system and interior tankless water heater. Inside find an open style in each efficiency with variable floor plans -- all with gray and white chic decor, open living to dining with tall cabinetry, granite countertops and island bar in the kitchen. The separate, spacious full bathroom also offers a granite vanity and either a walk-in shower or tub/shower combo with tile or fiberglass surround. The units share a generous laundry room at the end of the building, outfitted with two washers and two dryers, with hook ups for two more of each appliance. There is plenty of parking for at least two cars per unit with guest spaces available. All this close to downtown, schools and shopping. A massive bonus is there is still space on this .39 acre lot on the lot to add four additional like units to make this a 13-unit complex! Or, if you are feeling generous, turn this space into a recreation area for tenants. Hurry to add this one to your portfolio or make it a smart choice for a first time investor.
Exterior Features

Construction StuccoBlock Drive In Doors 0 Foundation Slab Loading Facilities None Rail Service No Roof Heavy Composition Total Parking 21

Interior Features

Air Conditioning WallIndividual Meters Ceiling Height 9 Heating Individual MetersPanel

Property Features

Accessibility No CarpetLevel LotLevel DriveNo StairsFirst Floor BathStall Shower Amenities Exterior Lighting Annual Tax 2181.19 Approx Age 1 Available With Lease No Building Center Name NONE City Tax 588.79 Commercial Type Apts/Retail/Strip/BusPrk County Tax 513.91 Flood Plain None Gross Income 80496 Income Expenses Actual Insurance 4885 Lease Only No Monthly Lease 6708 Net Operating Income 68914.81 Other Tax 249.47 Potential Short Sale No Proposed Terms Sale OnlyCashConventional Rentals 9 Restrictions Deed Sale Includes BuildingsLandFixturesOther School Tax 829.02 Total Tax 2181.19 Utilities ElectricityGasWaterSewer Vacancy Rate Year 12 Zoning RESIDENTIAL

Listing information © 2024 San Antonio Board of REALTORS®.
Listing provided courtesy of Linda Zimmerhanzel of Zest Realty: lindazimmerhanzel@gmail.com, (210) 392-8088.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gradiz Group | Texas Premier Realty. Last updated 2024-05-21T20:32:56.817.
 
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The Gradiz Group | Texas Premier Realty
110 Broadway St, Suite 65
San Antonio TX, 78205