Historically and Architecturally Significant Homes in San Antonio.

Thursday, May 27, 2010

New Silent Market Listings + $30k price reduction

Joe Barfield

The Joe Barfield Group

210-846-9273
of KW Alamo Heights 


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Here's a quick update. $30k price reduction.
Greetings!

My client is lowering the price on her 4-plex from $229,900 to $199,900. I though I would share that with you before I put the change in the MLS tomorrow afternoon. At $199k, that roughly ends up netting $1150 per month after mortgage, taxes & insurance are already paid.
Feel free to forward this on to anyone you know who might be interested in a cash-flowing investment property.
By the way, who do you know who is planning to move now or in the near future? Give me a call.
Joe Barfield - 210-846-9273


805 SummitBeacon Hill 4-plex

Fully rented - nets $1150 after mortgage, insurance & property taxes.
 Kitchen
Listing Price: was $229,900

This 1920's colonial has 4 large 1 bedroom units with seperate dining room or computer room. Includes hardwood floor, front loader washer & dryer in each unit. It has an excellent metal roof and foundation. These units are fully occupied and go for $575 per month. There are several colleges & universities in the area for easy leasing.
Tomorrow's listing price: $199,900Units: 4
Sq.ft: 2,988
Acres: 1/4 acre
   

Joe Barfield | 5170 Broadway, #11 | San Antonio | TX | 78209

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