PRIME INVESTMENT OPPORTUNITY: STABILIZED DUPLEX WITH IMMEDIATE INCOME Strategically located at 3001 E Rio Grande St, this well-maintained duplex offers a reliable addition to any real estate portfolio. This property is ideal for an investor seeking a stabilized asset with clear management timelines and consistent performance. The property consists of two functional units, each featuring a 2-bedroom, 1-bathroom layout and access to a spacious communal yard. Both units are currently occupied by tenants, providing an established rent roll and immediate cash flow upon acquisition. PORTFOLIO ADVANTAGES... STABILIZED CASH FLOW: The property is fully occupied, eliminating the initial leasing hustle and ensuring revenue from the first day of ownership. STRUCTURED LEASE EXPIRATIONS: With leases expiring in October and November, ownership has a clear window to evaluate market rates, renew existing agreements, or execute light value-add improvements during the late-year turnover period. LOW-MAINTENANCE LAYOUTS: The 2/1 configuration is a staple of the rental market, designed for straightforward property management and durable tenant appeal. EXPANSIVE LOT: The generous yard space is a significant asset, offering a competitive edge for tenant retention and providing long-term land value. This is a rare opportunity to acquire a performing asset with set timelines for income optimization. Secure your next Texas investment today.
Listed By
Agency Name: All Star Properties
Agency Phone: (361) 570-4663
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
Estimated Payment
$ 352.16 per month $311.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.80 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
3001 E Rio Grande Street | MLS# 589292
This multi-family property located at 3001 E Rio Grande Street, Victoria, TX 77901 is currently listed for sale with an asking price of $139,899. E Rio Grande Street is located within the Victoria ISD school district. Search Victoria real estate on www.millingaboutre.com today.