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Archived over 1 year ago

$57,000

3 bd 2 ba 1302 sqft

1103 W Paul St, Tyler, TX 75702

Residential Duplex Occupied Needs Repairs

Current Rent **

$750

Projected Rent **

$2,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Hai Nguyen

Unit 1 Details
  • Current Rent: $475
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1302 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $275
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: No

SHOWING ON TUESDAY @ 12PM! Convenient Location For Rental/Flip Opportunity - W Paul St, Tyler, TX 75702.

๐Ÿ”ฅ1103 W Paul St, Tyler, TX 75702๐Ÿ”ฅ

๐Ÿ“ŒShowing Date: April 18th, Tuesday @ 12PM.
Look for Liz. She will be conducting the showing.
For all questions and offers, please contact Hai Nguyen directly at
412-212-3001, [email protected].

๐Ÿ”ท Asking Price: $57,000
๐Ÿ”ท Duplex, 1st unit - 2 bed, 1 bath - 2nd unit - 1 bed, 1 bath Total: 3 bed, 2 bath
Units does have separate metering.
Handicap accessibility in the backyard.
๐Ÿ”ท 1,302 sqft living space
๐Ÿ”ท Year Built: 1920
๐Ÿ”ท Lot Size: N/A

๐Ÿ‘‰ Occupancy Status: Tenant occupied, month to month.
๐Ÿ‘‰ Monthly Rent: 1st unit: $475, 2nd unit: $275. Total monthly rent - $750. Tenants are paying below market rent.
๐Ÿ‘‰ Rents in the area: $1,300
๐Ÿ‘‰ Condition Notes: Property has window AC units. Water heater is about 1 year old. Recent updates include, new bath tub, new vanity and bathroom floor. Property does need updating throughout.
๐Ÿ‘‰ Location Notes: Convenient location in Tyler, Texas!

๏ปฟ๐Ÿ”ทBest offer will be accepted 24 hours after the viewing.

Closing Terms:
- Cash or secure financing that ensures a quick closing.
- No contingencies
- $2,000 deposit
- Buyer pays ALL closing costs
- Agents add your fee

Buyers to submit their offer along with a proof of funds. All deals must be purchased with cash or cash equivalent loans. If you are a wholesaler/Realtor please add any commissions on top of our price. What we are selling is our assignable contract with the seller of the property. We are not realtors in the states of Texas nor do we portray ourselves as such. All properties require cash or a private/hard money loan in order to purchase no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a nonrefundable deposit (cashierโ€™s check) at time of contract execution. Buyer will be responsible for all closing costs unless otherwise indicated.

Location:

1103 W Paul St, Tyler, TX 75702

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.