6639 Fm 442 Rd, Boling, TX 77420

2 Unit Apartment Building Offered at $249,900 at a 12% Cap Rate in Boling, TX 77420

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $249,900

Property Type
Multifamily
Square Feet
2,326 SF

Listing Contacts

Slate Dylla
Verified Profile
  • Property Info

Property Overview

Discover this recently renovated home boasting 5 bedrooms and 3 bathrooms, ideal for your family. Nestled in the desirable Boling town on a charming corner lot, this property presents numerous possibilities. The primary residence features 3 bedrooms and 2 bathrooms, encompassing approximately 1542 sqft, complemented by a secondary dwelling offering 2 bedrooms and 1 bathroom across approximately 784 sqft. Enjoy the convenience of central A/C and heat, along with separate utility meters for each house. The second dwelling serves as an excellent mother-in-law suite or income-generating rental opportunity, providing flexibility to reside in one unit while leasing the other.
- Prime location with two separate units.
- Live in one, rent out the other for income.
- Spacious layouts and modern amenities.
**Highlights:**
- **Income Potential:** Offset mortgage with rental income.
- **Financial Flexibility:** Build equity while minimizing costs.
- **Investment Diversification:** Stable, long-term growth.
- **Community Living:** Privacy with communal benefits.
- **Tax Advantages:** Maximize financial returns.
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Property Details

Year Built/Renovated
1946/2021
Stories
1
Lot Size (sq. ft)
12,197 SF
Units
2

Highlights

  • Prime Location with Two Separate Units
  • 100% Occupied
  • Income Potential

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