Income Triplex with Two Occupied
126 E 2nd Street San Juan, TX 78589
For Sale
Contact for pricing
Triplex includes three 2-bedroom, 1-bath units, with two currently occupied and one vacant.
Property Size1,982 SF
Lot Size0.16 Acres
Price / SF$126.14
Days on Market71
Property Features for 126 E 2nd Street
General Information
- Standard status
- Active
- Size
- 1,982 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2000
Listing Agency:
Tnt Real Estate
Listed By:
Rebeca Bermudez · License #0657513
Source:
Crexi
Added: May 15
Changed: Jul 23
Last Checked: Jul 24 at 11:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tnt Real Estate
Investment Insights
Based on property information with market context.
This income-producing triplex offers three 2-bedroom, 1-bath units. The property totals approximately 1,982 square feet of living area and sits on a 0.16-acre lot. Two of the units are currently occupied and generating rental income, while one unit is vacant and ready for immediate move-in or rent-ready use.
Located in San Juan, the property provides easy access to schools, shopping, dining, and major roadways.
The layout supports straightforward rental operations with identical unit configuration across the three units, making it well-suited for an owner-occupant seeking flexibility or an investor looking to add rental income to a portfolio.
Located in San Juan, the property provides easy access to schools, shopping, dining, and major roadways.
The layout supports straightforward rental operations with identical unit configuration across the three units, making it well-suited for an owner-occupant seeking flexibility or an investor looking to add rental income to a portfolio.
Key Highlights
- Triplex built in 2000 with three 2‑bedroom, 1‑bath units
- About 1,982 living SF total on a 0.16‑acre lot
- Two units currently occupied and generating rental income
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $14.04 |
| − Vacancy | −$3.1k | −$1.55 |
| EGI | $24.8k | $12.49 |
| − OpEx | −$7.4k | −$3.75 |
| NOI | $17.3k | $8.74 |
1,982 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$247.6K
$216.7K – $288.9K
NOI $17,332 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$228.0K
$199.5K – $266.0K
NOI $15,958 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$1.49M
$1.31M – $1.74M
NOI $104,501 @ 7.0% cap · market cap 41.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex includes three 2-bedroom, 1-bath units, with two currently occupied and one vacant.
Where is this triplex located?
The property is located at 126 E 2nd Street San Juan, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Triplex built in 2000 with three 2‑bedroom, 1‑bath units; About 1,982 living SF total on a 0.16‑acre lot; Two units currently occupied and generating rental income