105 N Rockisland St N

Angleton, TX 77515
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For Sale
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$1,549,000
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14,375 Lot Sqft
Multi-Family - Multiple Detached Dw

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Description

Investing in a Stabilization Deal can significantly increase the value of your investment! This complex consists of 20 units, including 16 one-bedroom/one-bathroom units and 2 two-bedroom/one-bathroom units, along with a Coin Laundry facility. Each unit has its own meters, with tenants responsible for electricity, while the owner covers water expenses. Recent renovations include a new roof, paved parking, and various other upgrades. Currently, only 4 units are vacant, and with effective management and cosmetic improvements, these units can be leased out at market rates, making it an attractive opportunity for serious investors. Situated within walking distance to downtown Angleton, this property offers great potential. We are committed to providing all the necessary information during your Option Period. Bring your offers, and let's work together to maximize the profitability of this investment opportunity. Don't miss out on this chance to optimize your investment potential

MLS#
15170675
List Price
$1,549,000
Listing Status
For Sale
Address
105 N Rockisland St N
City
State
TX
Zip Code
Subdivision
I T Tinsley
Legal Description
A0375 I T TINSLEY TRACT 110D1 ACRES 0.33 (ANGLETON)
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Year Built
1973 /Appraisal District
Lot Size
14,375 Sqft./Appraisal District
Key Map©
828P
Market Area

Exterior

Roof
Other
Parking
Off Site Parking, Paved Area
Parking Unit
One

Interior

Floors
Laminate
Cooling
Central Electric
Heating
Central Gas
Dishwasher
No
Disposal
No
Microwave
No

Rooms

1 Bdr #
18
2 Bdr #
2

Lot information

Lot Size
14,375 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor, Other
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$18,211/2023
Tax Rate
2.0299

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Fenced Area,Patio
Buyer Agent Compensation*
2%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Mortgage

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated May 26, 2024 at 09:12 AM
Listing last updated May 19, 2024 at 10:57 PM

105 N Rockisland St N, Angleton, TX 77515. View photos, map, tax, nearby homes for sale, home values, school info...

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