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1627 Gordon ST San Marcos, TX 78666
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 10,574 sqft
Price per Sqft $151
MLS Listing ID 456649
Style Other
Year Built 1970
Lot Size 6.626 Acres
Property Description
ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**
Location
State TX
County Hays
Interior
Heating Other, See Remarks
Fireplaces Type Other, See Remarks
Laundry Other, See Remarks
Exterior
Fence Other, See Remarks
Pool None
Utilities Available Other, See Remarks
View Y/N Yes
View Other
Roof Type Composition,Shingle
Building
Story 1
Foundation Slab
Sewer Septic Tank
Water Private, Well
Schools
School District San Marcos Cisd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Monica Malorgio • McNabb & Company Real Estate S