5/2 Rental Bungalow in South Longview 112 S Houston St Longview TX
ARV of 323k for ONLY 142k is 44% of ARV
**OCCUPIED, DO NOT DISTURB TENANTS**
This is a cute Bungalow style Rental at 112 S Houston St, Longview, TX has 5 bedrooms and 2 baths, hardwood floors, brick fireplace, large rooms, and needs very little work to flip or raise the rent. It is a brick home, with CH/A, has a driveway for off-street parking, and privacy fenced backyard.
It is nestled is one of those great little pockets of South Longview surrounded by well-kept brick homes. This is a rental property currently rented month to month at $850, but market rents are $1800 plus, especially with the 2 additional bedrooms in the addition in the back. Current tenants are aware that rent will increase. At $142,000, this is perfect for a landlord building their portfolio. Call 903-374-8969 today to schedule appointment to view the inside. Please do NOT disturb the tenants!
As-Is Cash Price: $ 142,000
After Repair Value (ARV): $ 323,000
# Bedrooms: 5
# Bathrooms: 2
Average Rents: $1800 plus for 5 bedrooms
Sq. Ft: 2174 (2 bedroom addition may not be included in this sq footage)
Year Built: 1941
Lot Size: 0.21
OTHER INFO:
Off Street Driveway Parking
Air Conditioning: CH/A
Exterior: Brick
Foundation: Pier and beam, needs light leveling in hallway
Electrical Info: Good
Plumbing Info: Good
Roof Info: Good
CALL TODAY! 903-374-8969
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– REQUIREMENTS-
Cash or hard money only
$3,000 non-refundable deposit
Buyer pays all closing costs
Property to be sold as-is
Please Do Your Own Due Diligence Before Signing Contract.
We have several other properties for sale visit our website to take a look at these Awesome Deals!
To see property, have any questions or want to add this property to your portfolio call us at 903-374-8969
5/2 Rental Bungalow in South Longview 44% of ARV 112 S Houston St Longview TX