2910 San Jacinto St, Temple

$580,651

3 Beds
2 Baths
7,297 Sqft
0 Acres
0 Garages

5 homes plus 2 garage apartments totaling 7,297 net rentable SF. Actual 8 CAP. All units within 2 MI of Baylor Scott and White. 100 percent rented. All tenants long term. All month to month. No rent increases in several years. All utilities paid by tenants. Opportunity to improve cash flow, income and CAP with moderate rent increases. Any or all properties appear to be excellent flip potential. All zoned either SF-2 or SF-3. All in Temple ISD. All in Temple City Limits. None in flood zones. Sold ONLY as a package.

Investment Profile: $46,367 Net Operating Income. $17,313 Net Cash Flow. 7.99% CAP rate. 11.25% 1st year cash-on-cash. 1.60 Debt Service Coverage Ratio. Very low risk of market decline for all properties. Valuation increase projections for 2826 Bowie & 2910 San Jacinto: 3.2% 1 year trend and 7.4% 3 year trend. Valuation increase projections for 119 S 23rd ST, 815 S 23rd, 902 S 27th, 902½ and 904 S 27th: 4.7% 1 year trend and 11.3% 3 year trend.

Essential Information
MLS® #998066
Price$580,651
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage7,297
Square Footage39800
Acres0.00
Year Built1985
TypeMulti-Family
Sub-Type5 Plus
StatusActive
Community Information
Address2910 San Jacinto St
Area83 - Central Texas
SubdivisionCIMARRON PHASE II
CityTemple
CountyBell
StateTexas
Zip Code76502
Amenities
UtilitiesElectric, Water
FeaturesCarpets, Fireplace
Interior
HeatingWall Heater, Window Unit
CoolingCentral Electric, Window Units
# of Stories2.00
Exterior
Lot DescriptionCleared, Corner
RoofComposition
School Information
District99 - Other
ElementaryRAYE-ALLEN ELEMENTARY SCHOOL
MiddleBONHAM MIDDLE SCHOOL (TEMPLE)
HighTEMPLE HIGH SCHOOL
Additional Information
Days on Website40
Listing Details
OfficeSouthwest Partners & Global
LISTING MAP

Get directions to this property:

Copyright © 2020, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

The IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified.

Listing information last updated on March 29th, 2020 at 7:55pm CDT.