525 BASEL ST, New Braunfels TX 78130

Sold
MLS# 1562252

$265,000

$184/ft²
  • 3/1Unit(s)
  • .17acres
  • 1440square feet
  • 1934year built

Get on the phone with one of San Antonio's Top Broker 512-786-1515

  • School District New Braunfels
  • Elementary Lamar
  • Middle Oak Run School
  • High New Braunfel
  • Property Type Duplex

EXPERIENCED INVESTORS: SELLER IS MOTIVATED! Invest into one of the most desirable NEW BRAUNFELS areas known to the locals as "Comal Town". Within 1.5 mile radius, you have close access to Schlitterbahn, Water Tubing Recreations, Comal River, Guadalupe River, Downtown Plaza, Landa Park, Wurstfest and so much more! With a zoning of R-2 you can convert the existing building into two attached units or build additionaldetached housing for up to two-families. Repurpose into a long-term rental or short-term rental. With the current national shortage of homes, here's a chance to add two family homes to the Texas inventory. Households in the area get to enjoy daily greetings by the many native deer that roam the area. Many investors in the area are converting to multifamily properties which is where the high value is at! Currently it is a 1440 sq. ft. home with 3 bedrooms, 1.5 bathrooms, 2 living areas, an eat-in kitchen and large yard with mature trees!

Listed by Somos Real Estate

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Sep. 1