3 Houses on 1/2 Acre Lot $2,250 Monthly Income

1809 Hand Rd, Victoria, TX 77901

$225,000 After Repair Value -
$135,000 Asking Price -
$40,000 Cost of Repairs =
$50,000 Potential Profit

Property Details

Asking Price $135,000

After Repair Value $225,000

Costs of Repairs $40,000

Potential Profit $50,000

Living Area 5000 ft2

Property Type Multi-Family

Bedrooms 5

Bathrooms 3

Half Bathrooms N/A

Parking 2

Listed with Agent 1

Property Description

1809 Hand Rd, Victoria, TX 779013 Houses on 1/2 acre lotImprovement #1) Residential SqFt: 1,360 SqFt / Built: 1940 / Addition: 19803 Beds 1 Bath / Tenant paying $850Improvement #2) Residential SqFt: 720SqFt / Built: 1940 / Carport: 20062 Beds 1 Bath / Tenant paying $700Improvement #3) Residential SqFt: 660 SqFt / Built: 1960 / Carport: 19902 Bed 1 Bath / Tenant paying $700Improvement #4) Detached GarageSqFt: 440 SqFt / Built: 1940All on 12 Month LeaseARV: 200k - 220kRehab: 35k - 45kAsking: 135k

Repairs Needed

They\'re all livable and are renting but you could do some repairs if wanted.

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