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Listing provided courtesy of Aspire Investments LLC- MLS# 21205900MLS ProviderContact Information: Sherry Patterson - 817-666-3336

609 Race StreetCrowley, TX 76036

Multi-Family · 12 Beds · 4 Full Baths · 4,432 Sq. ft. | 0.24 Acres
$569,000 Pending

609 Race Street Overview

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MULTIPLE OFFERS RECEIVED Don't miss out on this great investment opportunity in Crowley, IT IS PRICED TO SELL! Please do not send offers below asking, this is listed better than the old 1% rule that is unheard of these days. The exterior is freshly painted. Each unit has a three bedroom, one bathroom configuration and spacious layout that includes a living room, dining area, kitchen, utility room, and bathroom. All units have individual water heaters and central HVAC. Separate utility room located next to the kitchen includes washer & dryer hookups. Units are individually metered for water and electricity (tenant expense). Owner pays trash service on a monthly basis. Housing vouchers will pay $1772 a month so if you get all on vouchers it would bring in $7088 per month for an excellent ROI. It is currently getting $5822 in rents. Unit A just moving in $1350. Unit B $1350 moving out the end of April. Unit C $1350 MTM and wants to stay. Unit D $1772 July 31, 26 has been there for over 5 years. Seller disclosure and survey are in the docs. Reason for selling is bigger investment opportunity.

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609 Race Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,432
  • Price/Sq.ft. $128
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Crowley ISD
  • Elementary School: Bess Race
  • Middle Or Junior School: Stevens
  • High School: Crowley

Income/Expenses

  • Gross Income: 1.0
  • Insurance Expense: 1.0
  • Net Operating Income: 1.0

Building Information

  • Year Built: 1998
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: CROWLEY
  • Subdivision Name: Holley Place

Tax Information

  • Tax Annual Amount: 11142.0

General Information

  • Parcel Number: 05546974
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 12

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4432.0

General Information

  • Appliances: Dishwasher,Electric Range,Refrigerator
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Other
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 8.0

Lot Information

  • Lot Size Acres: 0.238
  • Lot Size Area: 0.238
  • Lot Size Square Feet: 10367.28
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 4

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

609 Race Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

609 Race Street Market Data

Based on the last 30 days in this zip code

$398,272
Average List Price
$174
Average Price per Square Foot
63
Properties Sold
309
Average Days on Market
969
Properties for Sale
Calculations provided by Reliance Network


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