Description
This duplex is a fantastic investment opportunity, located just a short distance from Texas State University. The property offers significant potential but needs some TLC to bring it up to its full value. The property features 2 units with 3 bedrooms and 2 baths, a 1 car garage and 2 story layout. A large back yard full of mature trees that provide plenty of shade and charm. With its prime location, this duplex is perfect for investors looking to capitalize on the demand for housing near the university. Whether you're looking to renovate for resale or rent, this property offers promising return on investment as the duplex has been continuously rented for the past 23 years! Recent repairs include: plumbing on both sides are improved with new pipes bypassing the existing pipes in the slab. New A/C units on both sides with the 114 side now has a filter system that only needs a new filter once a year. Both systems are on a maintenance schedule and annual inspections. Ask about Zero down payment and No PMI through the H.O.P.E. Loan program or the Debt Service Coverage Ratio!! Both great loan options for this property!!
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0BEDS
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0.45ACRES
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0BATHS
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01/2 BATHS
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2,578SQFT
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$155$/SQFT
School Information
Description
This duplex is a fantastic investment opportunity, located just a short distance from Texas State University. The property offers significant potential but needs some TLC to bring it up to its full value. The property features 2 units with 3 bedrooms and 2 baths, a 1 car garage and 2 story layout. A large back yard full of mature trees that provide plenty of shade and charm. With its prime location, this duplex is perfect for investors looking to capitalize on the demand for housing near the university. Whether you're looking to renovate for resale or rent, this property offers promising return on investment as the duplex has been continuously rented for the past 23 years! Recent repairs include: plumbing on both sides are improved with new pipes bypassing the existing pipes in the slab. New A/C units on both sides with the 114 side now has a filter system that only needs a new filter once a year. Both systems are on a maintenance schedule and annual inspections. Ask about Zero down payment and No PMI through the H.O.P.E. Loan program or the Debt Service Coverage Ratio!! Both great loan options for this property!!
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