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About This Home
This 10-bedroom, 0-bathroom multi-family at 1010 Nelson in Yoakum, TX is listed for $399,900 ($148 per sqft). Built in 1970, the home offers 2,696 sqft of living space on a 0.29 acres lot.
Investment opportunity in Yoakum! This 6-unit multifamily property offers immediate income potential with 5 units already updated and previously income-producing within the last year. The 6th unit is currently being used as storage but could easily be remodeled to create additional rental income.
The building has been inspected and offers a strong opportunity for investors looking to build equity while generating cash flow. Exterior improvements and TLC are needed, but the property is positioned to begin producing income almost immediately, allowing updates to be made over time. Whether you're expanding your portfolio or looking for your next investment project, this property is full of potential and possibilities.
Key Features
- Built in 1970
- 0.29 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 Nelson
Yoakum, TX 77995
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 10-bedroom, 0-bathroom multi-family at 1010 Nelson is listed at $399,900 ($148/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1970, 0.29 acre lot, 2 stories. Interior Features: CeilingFans, KitchenDiningCombo.
This property is listed by The Rampley Real Estate Team and can be reached at 3615501430 or soldbyshannon@myyahoo.com.