1010 Nelson

Yoakum, TX 77995

About this property

Investment opportunity in Yoakum! This 6-unit multifamily property offers immediate income potential with 5 units already updated and previously income-producing within the last year. The 6th unit is currently being used as storage but could easily be remodeled to create additional rental income. The building has been inspected and offers a strong opportunity for investors looking to build equity while generating cash flow. Exterior improvements and TLC are needed, but the property is positioned to begin producing income almost immediately, allowing updates to be made over time. Whether you’re expanding your portfolio or looking for your next investment project, this property is full of potential and possibilities.

About this property

Investment opportunity in Yoakum! This 6-unit multifamily property offers immediate income potential with 5 units already updated and previously income-producing within the last year. The 6th unit is currently being used as storage but could easily be remodeled to create additional rental income. The building has been inspected and offers a strong opportunity for investors looking to build equity while generating cash flow. Exterior improvements and TLC are needed, but the property is positioned to begin producing income almost immediately, allowing updates to be made over time. Whether you’re expanding your portfolio or looking for your next investment project, this property is full of potential and possibilities.

Features and Additional Information

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$399,900 Active
2 Bed(s)
1
Bath
2,696 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Keller Williams Heritage West
1-817-279-6996
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Area Information

83 | DeWitt County | N/a

$ 399,900
This listing is play_arrow 11.1% lower than the average in the area
$ 450,000 in the area
2,696 SqFt
This listing is play_arrow 7.8% larger than the average in the area
2,501 SqFt in the area
$ 148 $/SqFt
This listing is play_arrow 17.6% less than the average in the area
$ 180 $/SqFt in the area
100 days on site
This listing is play_arrow 1900.0% above the average in the area
5 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Shannon Rampley
Brokerage: Keller Williams Heritage West

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