** Pre-inspected ** Rare turnkey opportunity for investors and owner occupants priced at the 1% rule! $5,400 monthly rental income! Properties like this rarely trade in the area and this one is SOLID. Unlike most fourplexes which are older, this is a 1985 build which means all PVC plumbing and copper wiring, as well as separate electric and water meters. All units are 2-bedroom 1-bathroom with a nice open layout - great fit for diverse tenant base including families, couples, roommates. Every unit features washer and dryer hookups and a beautiful wood-burning fireplace. Most units have been upgraded in recent years with newer cabinets, granite countertops, LVP flooring, vanities, light fixtures and much more. Last but not least, the property boasts a wooded 0.49-acre lot providing unparalleled privacy and ample space for additional income-generating structures. The property had fantastic occupancy over the years and the units are always in demand regardless of the rental market conditions. Owner-occupants may qualify to purchase with as little as $30,000 down - contact listing agent for details. Buyer to do due diligence and confirm measurements.
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 1,321.55 per month $1,168.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance
20700 Bonanza Street | MLS# 610501
This multi-family property located at 20700 Bonanza Street , Lago Vista, TX 78645 is currently listed for sale with an asking price of $525,000. Bonanza Street is located within the Lago Vista ISD school district. Search Lago Vista real estate on www.kellyrealtors.com today.