506 Kayton Avenue, San Antonio, TX 78210
$240,000 – 🔥🏠SUB TO QUADPLEX in SAN ANTONIO, 78210 With SELLER FINANCE OPTION!🏠🔥CASH FLOW!
Status: For Sale (Available)
Listed On: March 15th 2023
Property Details
Price – $240,000
ARV – $360,000
Gross Margin – $120,000
Walk Through Video
Property Location
75% Rented!! immediate cash flow!
Seller Finance Option Available!!
ASKING PRICE: $240,000
ARV : $360,000 ($330,000 As Is)
Fantastic deal in a great area! This home is perfect to add to your next investment portfolio!
This Quadplex will make a great long-term rental addition to your portfolio or you can move the tenants out and fix and flip for a great profit/cash flow.
Property Details:
- 4 Units – 1 Bed/1 Bath Each
- Pier and beam foundation
- Roof – Composition Shingle
Subject To Terms
- $13,000 Down
- $1,972.85 Monthly Payment
- ~5%; 25 years remaining on loan
Property Condition:
- Rehab Level – Moderate High
- One unit has updates
- Window Units
- Roof – Good condition
- 1 bath was updated recently and the second is 2 years old. (the other 2 need to be updated)
- Electrical – Needs to be replaced
- Siding – Needs to be replaced
TENANT INFORMATION
- 3/4 Units are rented under market rents
- 2 paying $650/month.
- 1 paying $700/month.
- One unit is vacant and being used as storage.
- Tenants pay electrical; 1 meter for water