Modular Duplex – Completely Renovated – 1% Rent Ratio Sold

  • $225,000.00
  • 3 beds
  • 2 baths
  • 2432 sqft

Located in a high demand rental market, this large 2,432 sqft modular duplex has been completely renovated and each 3 bed, 2 bath unit is ready for tenants. Similar duplexes in not the same condition have sold for $104/ft and rented for $1100-$1200/unit.  Was listed on MLS.

Numbers:

  • Price: $225K
  • ARV: $250K+ (based off $104/ft)
  • Repairs: $0
  • Rents: $2400/mth (Comp – 8403 Riverside Dr)

Highlights:

  • Completed Renovated inside and out
  • New flooring, paint and fixtures
  • Granite Counter Tops in kitchens (cabinets were installed after the photos were taken)
  • New Fence
  • Larger Duplex in neighborhood.
  • Built in 2002
  • Lot size 9,988
  • MF-2 zoning

 Click Here for the Investor Packet including detailed financials, comps, pictures, and more.

  • $5,000 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:
$225,000.00
Address:
8407 Riverstone Drive
Austin, TX 78724
Square Feet:
2432
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
2002

Call 512-535-5554 for more details

Property Location

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