$510,000
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4 Beds
4 Baths
0.92 Acres Lot
SOLD DATE : 07/11/2022
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Chico Estates
MLS Listing ID 20019464
Sold Date 07/11/22
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 624
Year Built 2020
Annual Tax Amount $3,758
Lot Size 0.917 Acres
Acres 0.917
Property Description
Great investor opportunity! Tiny home community nestled in the small town of Chico Tx. 4 units built in 2020 all occupied and generating income. There is space for 6 more units on the .91 acres and 3 more lots that adjoin totaling 1.8 acres. Storage buildings and sitting area with grills convey with the property. Please note the rate of return is based on 4 units, there is space for several more. Bring your buyers.Previous buyer cancelled due to termination of 1031 transaction.
Location
State TX
County Wise
Direction gps
Interior
Interior Features Eat-in Kitchen, Open Floorplan
Heating Electric
Cooling Electric
Flooring Luxury Vinyl Plank
Appliance Refrigerator, Other
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water, Electricity Connected, Individual Water Meter
Roof Type Metal
Parking Type Gravel, On Site, Open, Parking Pad, Unassigned
Total Parking Spaces 6
Garage No
Building
Story One
Foundation Other
Structure Type Siding
Schools
School District Chico Isd
Others
Ownership see tax
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Financing Cash
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Bought with Rachelle Cooper • The Property Shop
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "