Description
Investor's Buy-and-Hold Opportunity!This fully occupied duplex in the heart of Texas City is an ideal buy-and-hold investment opportunity, offering reliable, consistent income in a high-demand area. With two well-maintained units already generating a combined $1,800/month in rental income, this property is perfect for investors looking to maximize cash flow.Top Unit: 1 bedroom, 1 bath, rented for $1,000/month Bottom Unit: Studio with 1 bath, rented for $800/month. Total Monthly Income: $1,800. Low property tax rate to increase profitability. No HOA fees for added value.Extra Lot next to it included in sale X-Flood Zone, minimizing insurance costs and risk. With both units fully occupied, this duplex provides immediate income and long-term investment potential. The low tax rate, lack of HOA fees, and the X-Flood Zone location further enhance the financial appeal of this property.
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1BEDS
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0.29ACRES
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2BATHS
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01/2 BATHS
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1,066SQFT
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$140$/SQFT
School Information
Description
Investor's Buy-and-Hold Opportunity!This fully occupied duplex in the heart of Texas City is an ideal buy-and-hold investment opportunity, offering reliable, consistent income in a high-demand area. With two well-maintained units already generating a combined $1,800/month in rental income, this property is perfect for investors looking to maximize cash flow.Top Unit: 1 bedroom, 1 bath, rented for $1,000/month Bottom Unit: Studio with 1 bath, rented for $800/month. Total Monthly Income: $1,800. Low property tax rate to increase profitability. No HOA fees for added value.Extra Lot next to it included in sale X-Flood Zone, minimizing insurance costs and risk. With both units fully occupied, this duplex provides immediate income and long-term investment potential. The low tax rate, lack of HOA fees, and the X-Flood Zone location further enhance the financial appeal of this property.