800 Pine Street
$760,000
—
6,952
6,952
$109
Description
Introducing a highly desirable 8-unit multi-family property offered at 7.5 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property...Introducing a highly desirable 8-unit multi-family property offered at 7.5 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.
- Listed by Charles Allen • TREC #0668938 • Riverstone Companies, LLCP: (903)-875-9798 C: (903)-875-9798 landon@riverstonecos.com
Property Details for 800 Pine Street
Directions
From Hearne take HWY 79 west at the Chevron and Pine St take right, property is immediately on your left behind the gas station.
MLS Area MajorRobertson
Parking FeaturesCovered, OnSite
Subdivision NameOther
LISTING UPDATED: 04/23/2024 02:46 PM
Property Details for 800 Pine Street
Status | Active |
---|---|
MLS # | 23004167 |
Days on Market | 587 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | - |
Lot Size | 0.41 AC / 17,859 SF |
County | Robertson County |
Building Information for 800 Pine Street
Stories1Residences-Year Built-Building Size-Lot Size0.41 AC / 17,859 SF
Property Information for 800 Pine Street
Property History for 800 Pine Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 800 Pine Street
Taxable ValueLand$8,400Additions$428,155Total$436,555
Tax Record2022$11,957 ($996 / month)
Home Facts
Total Finished SqFt3,476 SqFtAbove Grade Finished SqFt3,476 SqFtLot Size8,015 SqFtStyleDuplexCountyROBERTSONAPN080000-010200
Schools near 800 Pine Street
This home is within Hearne Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | PK to 6 | |||
Charter - | 7 to 8 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Hearne Elementary School CharterPK to 6 | ||
Hearne J High School Charter7 to 8 | ||
Hearne High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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