1829 W Laurel

Investor-friendly fourplex - steady cash flow and occupancy by long-term tenants - close to downtown, bus routes, shopping, dining, St. Mary's University, and Woodlawn Lake Park! The property is conveniently located near the intersection of Culebra and Zarzamora / 2.5 miles from downtown / 1 mile from I-10 with public transportation available. The seller is very motivated to sell and provide a reasonable renovation discount. No wholesalers, please. The main building is a triplex / 1826 sq ft / built 1930 /a new roof was installed in 2017; unit 4 is a separate house / 695 sq ft / built 1980 / a new roof was installed in 2017. - Unit 1 / 1 bd, 1 bath / renovated in 2017 / occupied - Unit 2 / 1 bd, 1 bath / fully renovated in 2022 / occupied - Unit 3 / 2 bd, 1 bath / renovated in 2018 / currently vacant - Unit 4 / 2 bd, 1 bath / renovated in 2018 / occupied 2021-23 upgrades and improvements include: - New boiler - New wooden fence - New Hardie Plank siding installed; structural integrity checked under the siding and required work done; insulation added - New windows - New external doors and frames - New gutters - Front and side view surveillance cameras As the new owner, you'll have a golden opportunity to raise the rent in this booming area. Don't miss the chance to own a steadily appreciating income property close to downtown!