100 W 2nd Street

    Venus, TX 76033
    • $600,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 14212083
    UPDATED: 12 min ago
    $600,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1911
    County:

    School Ratings & Info

    Offered by Salim Bhaidani of Jp And Associates Realtors.

    Description

    Nice Investment Property. Just renovated in 2018. Brand new from scratch. Everything new. Leased for 5 Yrs with one 5 Yrs Option. Convenience Store on 1st Floor, Apartment on 2nd Floor. Hard to find 8.5% Cap Investment Property.Rent C Store: $3500 Gross(Mthly).Rent Apartment: $1200 Gross(Mthly).Total Gross for Year: $ 56,400.Property Tax & Insurance abt $4400 Yr.1 Yr Lease- Apartment.5 Yrs + 5 Yrs Lease-C Store. Rent Increment: 1st Yr @ $500($4000).Rent Increment: 5Yr @ $500($4500).

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robinson Clay Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robinson Clay Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-22T17:41:36.607.
    www.robinsonclay.com/homes/100141833

    100 W 2nd Street Venus, TX 76033

    • Price: $600,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 14212083
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1911
    Built
    Neighborhood:
    Original Venus
    County:
    Johnson
    Area:
    Johnson County
    Property Description
    Nice Investment Property. Just renovated in 2018. Brand new from scratch. Everything new. Leased for 5 Yrs with one 5 Yrs Option. Convenience Store on 1st Floor, Apartment on 2nd Floor. Hard to find 8.5% Cap Investment Property.Rent C Store: $3500 Gross(Mthly).Rent Apartment: $1200 Gross(Mthly).Total Gross for Year: $ 56,400.Property Tax & Insurance abt $4400 Yr.1 Yr Lease- Apartment.5 Yrs + 5 Yrs Lease-C Store. Rent Increment: 1st Yr @ $500($4000).Rent Increment: 5Yr @ $500($4500).
    Exterior Features

    Construction BlockBrickConcrete Construction Materials Walls Brick Foundation Pier & Beam Parking Or Garage Assigned Spaces Road Frontage Type Asphalt Roof Composition

    Interior Features

    Ceiling Height 11 To 14 Feet Commercial Features ColumnsCooler/Freezer Flooring Ceramic Tile Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 3000 Sq Ft Gross 3000 Sq Ft Leasable 3000

    Property Features

    Alarm Or Security Type BurglarCarbon Monoxide DetectorExterior Security Light(S) Average Monthly Lease 4700 Building Area Source Owner Building Use Retail Business Name Venus Corner Store Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 4400 Gross Annual Income 56400 Inclusions Building Only Income Expense Source Owner Leasable Spaces 2 Lease Terms 5 Yrs With 5 Yrs Option Leased Spaces 2 Lot Size Source Tax Multi Zoning Yes Municipal Utility District No Net Annual Income 52000 Occupancy Rate 100 Owner Pays Taxes Possession Subject To Lease Property Type Com-Sale Proposed Financing CashConventional Tenant Pays Alarm Monitor FeeAll UtilitiesElectricGasMaintenance RoomRenters InsuranceSewerWaterYard Care Total Annual Expenses Include InsuranceTaxes Unexempt Taxes 2034 Utilities AsphaltCity SewerCity WaterIndividual Gas MeterIndividual Water Meter Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robinson Clay Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robinson Clay Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-22T17:41:36.607.
     
    Robinson Clay Team
    8401 N. Central Expressway, Suite 550
    Dallas TX, 75225
    Offered by Salim Bhaidani of Jp And Associates Realtors.