1010 Nelson, Yoakum, TX 77995

$399,900
2
BD
1
BA
2,696
SqFt

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List Price
$399,900
Status
ACTIVE
MLS#
3804317
Days on Market
80
Year Built
1970
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
2,696
Subdivision
N/A
Region
83
County
Dewitt

Property Description

Investment opportunity in Yoakum! This 6-unit multifamily property offers immediate income potential with 5 units already updated and previously income-producing within the last year. The 6th unit is currently being used as storage but could easily be remodeled to create additional rental income. The building has been inspected and offers a strong opportunity for investors looking to build equity while generating cash flow. Exterior improvements and TLC are needed, but the property is positioned to begin producing income almost immediately, allowing updates to be made over time. Whether you’re expanding your portfolio or looking for your next investment project, this property is full of potential and possibilities.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$3,718
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
2
Utilities
Electricity Available, Water Available
Roof
Metal
School District
Yoakum
Elementary School
Yoakum Primary School
Middle School
Yoakum Junior High School
High School
Yoakum High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Heritage West.