601 S Evans St, Uvalde

$950,000

0 Bed
0 Bath
5,981 Sqft
0 Acre
0 Garage

REMARKABLE DEAL FOR INVESTORS -- A NEW, ONE STORY, LOW MAINTENANCE APARTMENT COMPLEX OFFERING RARE AFFORDABLE HOUSING IN UVALDE! Close on this one and see the passive income immediately start streaming in. Typically 100% occupied, this nine-unit complex was thoughtfully designed for long term durability and low upkeep while offering beautiful, modern, livable style to attract and retain tenants. Four sides stucco, 30-year asphalt shingles, stained concrete floors and cinder block walls mean little to cost the landlord over the years. Each unit is serviced by a mini-split HVAC system and interior tankless water heater. Inside find an open style in each efficiency with variable floor plans -- all with gray and white chic decor, open living to dining with tall cabinetry, granite countertops and island bar in the kitchen. The separate, spacious full bathroom also offers a granite vanity and either a walk-in shower or tub/shower combo with tile or fiberglass surround. The units share a generous laundry room at the end of the building, outfitted with two washers and two dryers, with hook ups for two more of each appliance. There is plenty of parking for at least two cars per unit with guest spaces available. All this close to downtown, schools and shopping. A massive bonus is there is still space on this .39 acre lot on the lot to add four additional like units to make this a 13-unit complex! Or, if you are feeling generous, turn this space into a recreation area for tenants. Hurry to add this one to your portfolio or make it a smart choice for a first time investor.

Essential Information
MLS® #1738234
Price$950,000
Square Footage5,981
Acres0.00
Year Built2023
TypeCommercial
Sub-TypeApts/Retail/Strip/BusPrk
StatusActive
Community Information
Address601 S Evans St
Area3100
CityUvalde
CountyUvalde
StateTX
Zip Code78801
Amenities
AmenitiesExterior Lighting
UtilitiesElectricity, Gas, Water, Sewer
Parking Spaces21
Interior
HeatingIndividual Meters, Panel
CoolingIndividual Meters, Wall
# of Stories1.0
Stories1
Exterior
RoofHeavy Composition
ConstructionStucco, Block
FoundationSlab
School Information
DistrictUvalde CISD
Additional Information
Date ListedDecember 8th, 2023
Days on Market159
ZoningRESIDENTIAL
Listing Details
OfficeZest Realty
Office Contact(210) 392-8088
LISTING MAP

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