918 E 2nd Street
About this property
Rudolph Arms is an income-producing property with 9 apartments. 7 units recentlyupdated/remodeled. There are four 1 bedrooms and five studios/efficiencies. Eachapartment on separate meters, new boxes in 2017. HVAC window units for eachapartment. LED exterior lighting for low cost and maintenance. Partial new roof, stuccoexterior. L-shape complex with one-story and two-story orientation. The seller has doneover $120K in upgrades to the property. Expansive grass area in the back of thebuilding that could become a space for recreational vehicle parking, playscape, garages, storage buildings, check with city of Alice for zoning. Quiet street within walking distance to HEB, drug stores, laundrymats and restaurants. Currently, tenants pay all utilities, dumpster provided for trash. No refrigerators in units. Tenants provide their own. Large common area green space in front and back of the complex. Ample parking in front of building as well as the alley.
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