Galveston TX 2 duplex, 1 SFR, fully rented

[Shenice B.]

Price: 600k

Duplex 1

a. TWO 2BR/1BA UNITS

b. RENT: $950 UPSTAIRS; $700 DOWNSTAIRS; TOTAL: $1,650/MO RENT

SFR, ADDITIONAL LOT WITH ALLEY ACCESS, CAN BUILD HOME OR Garage APARTMENT

a. 3BR/2BA

B. RENT: $1,100/MO [WILL BE INCREASED TO $1,600/MO UPON SECTION 8 APPROVAL]

DUPLEX SIDE 1 – ZONED COMMERCIAL

A. 3BR/1.5BA

B. RENT: $1,100/MO

DUPLEX SIDE 2 – ZONED COMMERCIAL

A. 4BR/2BA

B. RENT: $1,800/MO

TOTAL RENTS: $6,150/MO ONCE SECTION 8 RENT INCREASE IS APPROVED; USE UNITS AS SHORT TERM RENTAL FOR MORE $$$, 4 units are month to month.

POTENTIAL TO RAISE RENT ON DOWNSTAIRS UNIT OF 1ST DUPLEX

ADDITIONAL INCOME AFTER HOUSE/GARAGE APARTMENT IS BUILT ON LOT.