
832-675-9598
For Sale
501 4th Street
San Leon, TX 77539
ARV: $230,000 / Repairs needed: $40,000 / Sale Price: $135,000
REDUCED PRICE $115,000!!!
A DUPLEX 2 Blocks from the Beach!
Click here for Line Item Repair Estimate
This DUPLEX has awesome potential and is less than 2 blocks from the beach! The second floor has its own outside entrance and is a complete 2 bedroom / 1 bath with a kitchen and living area. Downstairs is a full one bedroom apartment, too. It can be a rental or an Air BNB!
When sold separately you can see a 1 bedroom goes for $110,000. A 2 bedroom sold for $189,000. If sold separately its ARV is $300,000. If you use the best 3/2 comp, ARV is $230,000
As far as rents go, you can see a listing for a 650 sq ft place for $1500 or using the sold comps per sq ft price $1.79 x 720 upstairs it would rent for $1300
1.79 x 468 downstairs it rents for $850
That’s $2150 in monthly rent from these 2 units!
Click on the pictures below to enlarge the picture
4519 24th Street
Dickinson. TX 77539
Sale Price : $250,000
OWNER FINANCING AVAILABLE
The one who makes the highest offer for the down payment and qualifies, wins the property.
If the down payment you provide is more than $60k, we will adjust the monthly principal and interest accordingly.
To Qualify:
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You must provide length of employment
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Last 4 paystubs
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Gross monthly income
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Other expenses (ie. car payments, etc.)
Sales Price $250,000
Down Payment $60,000.00 (+)
$190,000 financed at 12% interest for 20yrs:
P&I $2093/mo
Insurance $166.00/mo
Taxes $360.00/mo
TOTAL MONTHLY $2620.00 monthly
NO CREDIT CHECK!
Click on the pictures below to enlarge the picture