$358,000
201 N McGee St
Borger, TX 79007
MLS# 20-6665
7380 sqft


201 N McGee St, Borger, TX 79007
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201 N McGee St, Borger, TX 79007 201 N McGee St, Borger, TX 79007 201 N McGee St, Borger, TX 79007 201 N McGee St, Borger, TX 79007 201 N McGee St, Borger, TX 79007 201 N McGee St, Borger, TX 79007

Property Description
Great rental potential income. Most units rents for $500 each, gas and water paid. You do the math!!!$6,500.00 per month income Owner is very anxious and will look at any and all offers. Needs to get this off his books. Very well built 13 unit apartment complex in Borger Texas . 8 units have 1 bedroom plus living room kitchen, bath, 5 units are studio that have large living room/bedroom kitchen and bathrooms. Made with cinder-block they are insulated very well. There is also a community Laundry. that is free to residents. 2 units are currently rented. 2 are boarded up due to a small resident fire in each one that has been contained.

Details
Property Information
Current Price: $358,000
To Be Auctioned: No
List Price: $358,000
Zone: 7000 - All areas in the 7000's
Area: 7001 - Borger
Status: Active
Begin Date: 2020-10-20
Realtor.COM Type: Multi-Family
Total SqFt. (+/-): 7380
SqFt. 1: 2880
SqFt. 2: 2250
SqFt. 3: 2250
Price Per Sq. Ft.: 48.51
Year Built: 1950
Number of Stories: One
Source of Sq Ft: Appraisal District
Taxes and Legal Information
House #: 201
Street Direction Pfx: N
Street Name: McGee
Street Sfx: St
State/Province: TX
Postal Code: 79007
County: Hutchinson
Tax ID: 4448
Legal: Lots 9-10 Block 22 Thompson Subdivison
Listing Info
L/A Supervisor Name: Paul French
Supervisor's Phone #: 806-273-7355
L/A Supervisor License Number: 0295224
Directions: 136 to Borger circle to Cedar st. right on 3rd right on McGee to 2nd
Currently not used
Showing Phone Number: 1-800-746-9464
Income
Gross Income: 6500
Net Oper Income: 5000
Expenses
Flood Insurance: Not Required
Prop Ins Premium: 500
Total Oper Exp: 1500.00
Utility Expense: 1000.00
Vacancy: 90%
Property Features
Unit Features: Common Outside Entry; Patio; Prvt Outside Entry; Utility Room
Common Amenities: Central Laundry
Appliances: Range/Oven; Refrigerator
Roof: Built Up
Construction: Concrete Block
Heating: Electric; Gas
Cooling: Window Refrig
Safety Features: Smoke/Heat Detector
Distressed Sale: Distressed Sale

Listing Office: French and Co., REALTORS®

Listing Agent: Paul French

Last Updated: November - 15 - 2020

Information deemed reliable but not guaranteed.

Tuesday 24th of November 2020 10:12 AM