Property Map
Street View
Courtesy of eXp Realty, Gene Evans {attribution_contact}
Description
Excellent investment property! Here is your chance to own an affordable fourplex property with proven income. Located at 434 S Bates St, in Uvalde, this 2280 sqft structure consists of 4, one bedroom, one bath units. Each with its own laundry and mini-split ac system. Average rental per unit is 600 per month and its stays very well occupied! Included in the sale is enough property to build a mirror image of the existing unit so you can have up to 8 doors of income on one property, increasing profit and maintaining a low tax profile. This property is one of four listings, (three other duplex properties) that can be bought individually, or as a package deal, with 10 doors of proven rental income.
Property Details and Features
Listing
- 183 cumulative days on market
- 183 days on market
- Listing date: 2024-05-21 05:00:00
- Price per square foot: $105
Location
- County: Uvalde
- Subdivision: White
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom in unit 3
- 1 bedroom in unit 4
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
Building
- 2,280 square feet
- 4 total units
- Approximate age: 45 years
- Built in 1979
- Builder: Unknown
- Oven/Stove
- Oven/Stove
- Stacked Washer/Dryer
- Oven/Stove
- Stacked Washer/Dryer
- Oven/Stove
- Stacked Washer/Dryer
Exterior Features
- Not Applicable/None
- Siding
Floors
- Laminate
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $19,700
- Unit 1 rent: $525
- Unit 2 rent: $575
- Unit 3 rent: $600
- Unit 4 rent: $575
- 92% vacancy rate
- Annual operating expense: $7,900
- Gross annual income: $27,600
- Taxes
- Insurance
- Maintenance
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Pad
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad
- 2 parking spaces for unit 3
- Unit 3 parking type: Pad
- 2 parking spaces for unit 4
- Unit 4 parking type: Pad
Lot
- Lot size: 0.235
Schools
- School district: Uvalde Cisd
- Elementary school: Uvalde
- Middle school: Uvalde
- High school: Uvalde
Cooling
- Window/Wall
Heating
- Electric
- Window Unit
Utilities
- Separate Electric
- Common Water
- City
Taxes
- Total tax amount: $3,601