REDUCED: 3 Pack Duplex, Temple – 100% Occupancy – $2,700 Gross Rent Sold

  • $130000
  • 10 beds
  • 6 baths
  • 3996 sqft

We have 3 great income producing duplexes all next to each other in Temple, TX. Rents per unit range from $350-$550/month for a total of $2700. Rents have not been increased in 4-5 years. Utilities are paid by tenants. Seller bought as a package several years ago and the county recognizes that the 3 units on one legal plot of land. Therefore the sqft listed is accumulative of all 3 duplexes.

Numbers:

Purchase Price: $150K   130K
Rent Ready Rehab: $40-50K
Rents: $350-$550, $2700 total. Rentometer shows average 1 bedrooms renting for $600, so there is a potential for rent increases.
Duplex 1:

301 N. 6th- 1/1 & 2/1 potentially a 3/1 (1806 sq ft)
Has a metal roof on one side and shingles on the other side, Foundation was repaired just needs the skirts to be put up
Rented for: $450 & $500/mo
Duplex 2:

305/307 N. 6th – both 1/1 ( 1080 sq ft)
Plumbing and electrical are in working condition but will need to be updating at some point in time. Foundation may need some releveling. Roof is good, no leaks but may need replacing in 5 years time.
Rented for: $400 & $350/mo
Duplex 3:

309 N. 6th- 1/1 & 2/1 (1110 sq ft)
Had a fire and has been renovated and rewired, roof was redone.
Rent for: $450 & $550/mo
Please let us know if you or someone you know might be interested. Email, call or text us at 512-535-5554. Click Here for the Investor Packet including detailed financials, comps, pictures, and more.

$3,000 Non-Refundable Deposit & signed agreement to secure contract
Properties are sold on a ‘first come, first serve’ basis
Buyer pays standard closing costs incl. title and a new survey, if required
Buyers responsibility to do their own due diligence and verify all information

Price:
$130000
Address:
309 N 6th St
Temple, Texas 76501
Square Feet:
3996
Bedrooms:
10
Bathrooms:
6
Terms:
For Sale
Property Type:
Duplex

Call 512-535-5554 for more details

Property Location