19
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$200,000
Est. payment /mo
3 Beds
2 Baths
1,216 SqFt
Active
6503 Juarez ST Baytown, TX 77521
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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
HOA Y/N No
Year Built 1994
Annual Tax Amount $1,373
Tax Year 2023
Property Sub-Type Duplex
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
Interior Features Laminate Counters
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Fireplace No
Exterior
Roof Type Metal
Building
Story 1
Entry Level One
Level or Stories One
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
Tax ID 064-039-003-0012
Listed by US Realty Associates Herbert Anderson
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