1620 N CENTER, SAN ANTONIO, TX 78202

DUPLEX WITH 2 CAR GARAGE AT 2045 SQ FT

UNIT 1: 2 BED / 1.5 BATH

UNIT 2: 2 BED / 1 BATH

Purchase "Subject-To" the existing mortgage

MORTAGE DETAILS:

Remaining Mortgage: $305,317.19

Interest Rate: 6.5%

PITI: $3,333.26

Loan Type: FHA

No Balloon

ENTRY:

Cash to Close: $25K + CC

Includes Arrears, Seller Proceeds, and Assignment Fee

EMD: Non-refundable $5,000.00

ARV: $375K

LTR: $2,950.00

PHOTOS:  https://drive.google.com/drive/folders/1KBdE0RXhjuQ0huu7KvwDQ0pcSCuOKyc8?usp=drive_link

REHAB: Buy this home with the financing already in place with the Subject To method. With 2 units and the possibly of a 3rd unit on a sub-2, this makes an ideal property to add to the portfolio.  Minimal rehab as this property was renovated less than 2 years ago. Ideal to sell owner financing on a wraparound mortgage, rent out as duplex, or convert to tri-plex.

Rehabbed less than 2 years ago: https://www.redfin.com/TX/San-Antonio/1620-Center-St-78202/home/48848911