2002 Mustang Road

Alvin, TX 77511

About this property

Income Producing 8 Plex on 3 Parcels in Alvin! Fully occupied and generating income NOW! 3 buildings consisting of 8 1 bedroom/ 1 bathroom units. Two duplexes and one four-plex. All apartments are rented with tenants currently paying $750 per month. Tenants pay all utilities. All galvanized plumbing replaced with flex piping. Current monthly income total is $6000. Property has never been flooded and is located in flood Zone X. Great investment opportunity!

Date Added
September 1, 2020
Listing Status
Pending
Days On Site
55
MLS#
61394622

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
IQWeb_
Sub-Type
Resale
Year
1969
Garage
0
Pool
No
Story(s)
Property View
No
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$499,000 Pending
0 Beds
0
Baths
3,600 SQFT

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Area Information

5 | Brazoria County |

$ 499,000
This listing is play_arrow 121.8% higher than the average in the area
$ 225,000 in the area
3,600 SqFt
This listing is play_arrow 142.4% larger than the average in the area
1,485 SqFt in the area
$ 139 $/SqFt
This listing is play_arrow 9.0% less than the average in the area
$ 152 $/SqFt in the area
55 days on site
This listing is play_arrow 40.2% below the average in the area
92 days on site in the area

Schools in the Area

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