Skip To Content
    Return to Previous Page

    201 Mcgee St

    Borger, TX 79007
    • $358,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 20-6665
    $358,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,380
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    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.

    Monthly Payment Calculator

    © 2020 Amarillo Association of Realtors Multiple Listing Service. 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 Pinnacle Realty. Data last updated: 2020-11-28T23:55:20.507.
    www.eliteamarillo.com/homes/111199729
    Print Image

    201 Mcgee St Borger, TX 79007

    • Price: $358,000
    • Status: Active
    • ID#: 20-6665
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,380
    SQFT
    $49
    $/SQFT
    1950
    Built
    Neighborhood:
    7001 - Borger
    County:
    Hutchinson
    Area:
    7001 - Borger
    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.
    Exterior Features

    Construction Concrete Block Roof Built Up Stories One

    Interior Features

    Appliances Range/OvenRefrigerator Cooling Window Refrig Heating ElectricGas Safety Features Smoke/Heat Detector Sq Ft One 2880.00 Sq Ft Three 2250.00 Sq Ft Two 2250.00 Unit Features Common Outside EntryPatioPrvt Outside EntryUtility Room

    Property Features

    Common Amenities Central Laundry Distressed Sale Distressed Sale Flood Insurance Not Required Gross Income 6500 Net Operating Income 5000 Property Insurance Premium 500 Square Foot Source Appraisal District Total Operating Expenses 1500.00 Utility Expense 1000.00 Vacancy 90% Zone 7000 - All Areas in The 7000'S

    Listing information © 2020 Amarillo Association of Realtors Multiple Listing Service.
    Listing provided courtesy of Paul French of French And Co., Realtors(R).

    © 2020 Amarillo Association of Realtors Multiple Listing Service. 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 Pinnacle Realty. Data last updated: 2020-11-28T23:55:20.507.
     
    https://bt-photos.global.ssl.fastly.net/amarillo/1280_boomver_1_20-6665-2.jpg https://bt-photos.global.ssl.fastly.net/amarillo/1280_boomver_1_20-6665-2.jpg https://bt-photos.global.ssl.fastly.net/amarillo/1280_boomver_1_20-6665-2.jpg
    Logo
    Pinnacle Realty
    2301 SW 7th Ave
    Amarillo TX, 79106