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77351 (Livingston, TX)

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242 Bishop Livingston, TX 77351
2,743 Sq. Ft
Courtesy Of Better Homes and Gardens Real Estate Gary Greene
MLS# 69224916
Large brick home revamped to become income producing property. Seven (7) furnished one bedroom, one bath apartments on huge shaded lot. 40 FOOT PINE TREES tower in front yard! Current PRE-TAX CAP rate is 13_*_% with a year one ROI of 11_*_%. Potential 22_*_% CAP when 2 empty rooms renovated! Only 10 minutes to Lake Livingston. All furniture and appliances stay. On site manager can stay, perfect for investor living away from Livingston. Think summer rooms near lake, with rental income Year Round!
Lot Size: 0.48 Acres
Style: Other Style

77351 (Livingston, TX) Real Estate & Homes for Sale - 1 Listing Found

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