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USATXCorsicanaC0000212 N 19Th St
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$549,999

212 N 19 Th St, Corsicana, TX

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 10
Approx. Age 1940
MLS® Number 21051263

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number21051263
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/CWindow Units
Heating Fuel

Extras

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