332 Waters
Moran, TX 76464
- 18 beds
- 12 baths
- – sqft
- ~1 acre lot
- 1967 build
- – on site
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Cash flowing, low maintenance, low expenses, turn key investment… Here it is! All the heavy lifting has been done for you to enjoy monthly cash flows north of $5,000 per month! There are a total of 6 duplexes and one laundry building here. Plus, a nice courtyard area. 6 one bedroom units and 6 two bedroom units. This investment is able to offer very affordable rent prices that help keep the occupancy rate near 100%. All units have been updated with new flooring, paint and appliances. Each unit has individual electric meters. The leases include water, trash and sewer but average less than $40 per unit each month! Laundry building provides another stream of income and the other side of the laundry building provides storage space for all the needed maintenance items. Each unit has central heat and air. You can’t buy a single family or another duplex with these types of returns. With this one you get the great returns and 12 doors so that rent is always coming in! Videos available.
Listing courtesy of NTREIS / The Costello Group, LLC
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Last updated Apr 10, 2024
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MLS# 20457957 —
Walk Score®
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Bike Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/4/23
Dec 4, 2023
|
Sold | NTREIS | ||
11/2/23
Nov 2, 2023
|
Pending | NTREIS | $400,000 | |
10/26/23
Oct 26, 2023
|
Sold Subject To Contingencies | NTREIS | $400,000 |