Baytown null-story, 3-bed 6503 Juarez Street-idx
Active

6503 Juarez StreetBaytown, 77521

$200,000
Listed 4 days

Home Summary

Two charming duplex units with rental income potential in a vibrant Baytown neighborhood.

1,216 sqft
3 beds
5,000 sqft lot
built in 1994

Property Type: Residential, Duplex

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**

0 down

MLS #358188505US Realty Associates

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