2478 Weil Rd

Marion, TX 78124
Square Ft.
4,048
$550,000
This unique multi-family opportunity in Marion, Texas is a rare find for both new and seasoned investors looking to generate income and build long-term equity. Set on a spacious 2-acre lot, the property includes five total units-three of which are already leased to long-term tenants, producing reliable cash flow fromRead MoreRead Less
Courtesy of Real Broker, LLC, Analisa Gutierrez (210) 803-8746
Listing Snapshot
Days Online
21
Last Updated
Property Type
One Story
Square Ft.
4,048
Year Built
1983
MLS Number
1878999

Source: HomeJunction

Property Location Map
Additional Details
Accessibility Features
Unit 1 disability access: No, Unit 2 disability access: No, Unit 3 disability access: No, Unit 4 disability access: No, Unit 5 disability access: No
Building
4,048 square feet, 5 total units, Approximate age: 42 years, Built in 1983, Builder: Na, Refrigerator, Washer Connection, Dryer Connection, Washer Connection, Dryer Connection, Washer Connection, Dryer Connection, Refrigerator, Washer Connection, Dryer Connection, Refrigerator, Washer Connection, Dryer Connection
Exterior Features
Not Applicable/None, Stone/Rock, Cement Fiber
Floors
Linoleum, Vinyl, Laminate
Foundation
Slab
Roof
Metal, Flat
Miscellaneous
Net operating income: $47,000, Unit 1 rent: $1,250, Unit 2 rent: $650, Unit 3 rent: $1,250, Unit 4 rent: $1,300, Unit 5 rent: $800, 0% vacancy rate, Annual operating expense: $8,000, Gross annual income: $55,000, Not Applicable/None
Parking
2 parking spaces for unit 1, Unit 1 parking type: Street, 1 parking space for unit 2, Unit 2 parking type: Street, 1 parking space for unit 3, Unit 3 parking type: Street, 2 parking spaces for unit 4, Unit 4 parking type: Street, 1 parking space for unit 5, Unit 5 parking type: Street
Cooling
Window/Wall, Two Central
Heating
Electric, Central, Window Unit
Utilities
Separate Electric, Separate Gas, Separate Water, Septic, Co-op Water
Taxes
Total tax amount: $7,420
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Monthly Payment
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