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.
For sale
$549,999
212 N 19th St, Corsicana, TX 75110
--beds
--baths
3,456sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$526,200 Zestimate®
$159/sqft
$-- HOA
What's special
- 45 days |
- 90 |
- 8 |
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