$975,000
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120 Coers and 410/418 Sarah DR San Marcos, TX 78666
5,305 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,305 sqft
Price per Sqft $193
Subdivision A G Coers
MLS Listing ID 4292095
Sold Date 09/28/21
Originating Board actris
Year Built 1984
Annual Tax Amount $12,876
Tax Year 2020
Lot Size 0.800 Acres
Property Description
San Marcos Duplex Portfolio - Prime Location!!! One Block from Texas State! Near the Valero gas station & coffee shop on Old Ranch Road 12. Portfolio is a total of 3 identical duplexes that can also be sold separately. Each duplex has a unit mix of 2/1. Annual gross income is $79,500. Avg. $1,100 per unit - Potential for $1200+. Upside in the rent! Tenant pays all bills. Leases are 12 month with term expiring mid July 2021. 100% occupied. Owner managed for several years. Interior was updated a few years back with new flooring, kitchen appliances, and a bathroom remodel. No flood plain! Great long term investment opportunity!
Location
State TX
County Hays
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront No
View None
Accessibility Accessible Washer/Dryer
Parking Type Off Street
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Wood Siding
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 2.2041
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non Member