6503 Juarez ST new

Baytown,TX 77521

$ 200000

3 Beds

2 Baths

1216 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $164

Subdivision Little Mexico

MLS Listing ID 10213381

Bedrooms 3

Full Baths 2

Year Built 1994

Annual Tax Amount $1,373

Tax Year 2023

Lot Size 5,000 Sqft

Property Description

Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**……**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**

Location

State TX

County Harris

Area Baytown/Harris County

Interior

Heating Central Electric

Cooling Central Electric

Flooring Laminate

Exterior

Roof Type Metal

Building

Story 1

Structure Type Aluminum

New Construction No

Schools

Elementary Schools Harlem Elementary School

Middle Schools Highlands Junior High School

High Schools Goose Creek Memorial

School District 23 - Goose Creek Consolidated

Others

Special Listing Condition Sellers Disclosure

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