513 N San Marcos Street, Seguin, TX, 78155

Description

Investor Special with 2.25 Assumable FHA Loan! Rare opportunity to own a quadplex in rapidly growing Seguin, TX, with an attractive 2.25 assumable FHA loan! Owner also willing to consider owner financing down payment in addition to offering assumable loan! —an unbeatable financing option in today’s market! This versatile property includes four rental units: A spacious 3 bed / 2 bath main home A charming 1 bed / 1 bath garage apartment A duplex, each side featuring 1 bed / 1 bath Recent upgrades include new flooring in all three of the 1-bedroom units and HVAC systems that are 3 years old or newer in three of the four units. All buildings are equipped with architectural shingle roofing, and two units feature private yards and in-unit laundry—highly desirable amenities that attract quality tenants. Located just minutes from Downtown Seguin with easy access to major highways, this property is perfectly positioned for both steady rental income and future appreciation. Seguin’s rental market is thriving, with demand and rates continuing to rise. Financial Snapshot: Gross Monthly Rents: $4,600 Monthly PITI: $3,055 (even lower with updated insurance!) Remaining Balance for FHA Loan: $370,991 Don’t miss out on this income-producing asset with built-in equity and low-cost financing! Owner also willing to consider owner financing down payment in addition to offering assumable loan!