$200,000

6503 Juarez Street, Baytown, TX 77521

  • 3 beds |
  • 2 baths |
  • 1,216 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1994
  • Property Lot Size Icon5,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**……**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**

Listing Status:
Active
Listing Office:
US Realty Associates : 936-336-0336
Listing Agent:
Herbert Anderson : 1+936-336-0336
MLS ID:
10213381
  • General: Countertops(Formica)
  • Flooring: Laminate
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Herbert Anderson, US Realty Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harlem Elementary School

3333 East Fwy, Baytown, TX, 77521

Grades KG-5

0.64 miles away

B

Baytown Junior School

7707 Bayway Dr, Baytown, TX, 77520

Grades 6-8

1.53 miles away

G

Goose Creek Memorial High School

6001 E Wallisville Rd, Baytown, TX, 77521

Grades 9-12

3.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.