Do Real Estate on the Go!
- Overview
- Description
- Property Details
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Do Real Estate on the Go!
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$524,999
-- Bed
- -- Bath
--sqft
212 North 19Th Street, Corsicana, TX 75110
$524,999
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Multi Family
Built in 1940
$-- HOA
0.43 acre lot
--/sqft
Description
Outstanding investment property in Corsicana! This fully leased asset generates $5,650 in gross monthly rent with long term tenants in place — exceeding the popular 1% rule with ease. Annual gross income is $67,800, with estimated expenses of just 25%, resulting in a strong net operating income of approximately $50,850. At the list price of $549,999, the property delivers an impressive 9.2% cap rate. The building features 3,456 square feet on a 0.43 acre lot, offering stable rental performance and long term tenant appeal. With consistent cash flow, low expenses, and reliable occupancy, this property is a prime turnkey addition to any investment portfolio.
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
0.43 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21051263
MLS Status
Active
Days on Market
-
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