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INVESTORS DELIGHT! This 12-plex located in Victoria, TX is a great cash flowing opportunity with many updates and repairs already made so you don't have to! This property consists of three buildings, two 5-units and a duplex and they are all on the same property with ample parking. 6 of the units are 2BR/1BA and the other 6 units are 1BR/1BANewer roofs, exterior siding, paint, and fencing have been completed to really help the exterior appeal of the property. The duplex has central air and heat, while each of the other 10 units have a brand new mini=split unit installed. Each unit also has its own washer/dryer connection in the laundry area. Vinyl plank flooring, fresh paint, double paned windows updated fixtures, and updated bathrooms have each of these units presenting great and assist in keeping a great rental history with full occupancy. The cash flow on this property is IMPRESSIVE! Don't forget, each unit already has separate meters for each unit. Schedule today and go see your next investment!

Price: $699,900
Baths: 0
Status: Active
Property Type: Apartment
Lot Size Acres: 0.52
Lot Size SqFt: 22,651
Year Built: 1950
Neighborhood: King
Days on Website: 8

Courtesy of The Ron Brown Company 361-575-1446

Property Description

INVESTORS DELIGHT! This 12-plex located in Victoria, TX is a great cash flowing opportunity with many updates and repairs already made so you don’t have to! This property consists of three buildings, two 5-units and a duplex and they are all on the same property with ample parking. 6 of the units are 2BR/1BA and the other 6 units are 1BR/1BANewer roofs, exterior siding, paint, and fencing have been completed to really help the exterior appeal of the property. The duplex has central air and heat, while each of the other 10 units have a brand new mini=split unit installed. Each unit also has its own washer/dryer connection in the laundry area. Vinyl plank flooring, fresh paint, double paned windows updated fixtures, and updated bathrooms have each of these units presenting great and assist in keeping a great rental history with full occupancy. The cash flow on this property is IMPRESSIVE! Don’t forget, each unit already has separate meters for each unit. Schedule today and go see your next investment!

Open House

Property Details and Features

  • Property Access
  • Road Frontage Type: CityStreet
  • Bathrooms
  • Bathrooms Total Integer: 0
  • Building
  • Construction Materials: Frame,HardiplankType
  • Living Area Source: Appraiser
  • Accessibility Features
  • Accessibility Features: None
  • Foundation
  • Foundation Details: PillarPostPier
  • Water Features
  • Water Body Name: None
  • Interior Features
  • Interior Features: CeilingFans,TubShower,SolidSurfaceCounters
  • Listing
  • Listing Terms: Cash,Conventional
  • Number Of Units In Community: 12
  • Number Of Units Total: 0
  • Location
  • City: Victoria
  • County Or Parish: Victoria
  • Lot
  • Parcel Number: 52466
  • Possession
  • Possession: ClosingAndFunding,Closing
  • Property
  • Property Condition: Resale
  • Property Sub Type: Apartment
  • View: None
  • Taxes
  • Tax Block: 6
  • Tax Legal Description: JOHN E KING ADDN, BLOCK 6, LOT 11 & LOT 12
  • Tax Lot: 11
  • Utilities
  • Electric On Property YN: t

Property Map

$699,900 – 1002 Pine Street, Victoria, TX 77901

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