Atkins Realty
Listed by Atkins Realty
$499,000
109 Runnels St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,976
Units 3
Price per SqFt $168
Price Per Acre $3,099,379
Year Built 1960
Stories 1
Acreage 0.161
109 Runnels St, Big Spring, TX 79720
Marketing description
Turnkey triplex investment in the heart of Downtown Big Spring! Each of the three furnished units offers 2 beds, 2 baths, and rents for $1,950/month ($5,850 total). Recently updated 4-year lease in place. Features include stainless appliances, energy-efficient mini splits, security system, and private gated secure parking. Prime location just one block from the iconic Settles Hotel, close to dining, shopping, and entertainment. Excellent opportunity for investors seeking strong, stable rental income!
Investment highlights
- 5 Separate Gas Meters
- Shared Water + Gas
- Large Tankless Water Heater
- TPO Roof - Approx. 5 Years Old
- Security System Installed
- Furnished Sale (Excluding Tenants Personal items)
- Each Unit: 2bed/2bath
- Current Rent: $1,950 Per Unit/Month
- Gross Monthly Income: $5,850
- Gross Monthly Income: $70,200
- Lease Terms: 4 Year Leases With 3% Annual Increases
Listing Contacts
Atkins Realty
Listed by Atkins Realty
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