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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
MLS Listing ID 14488788
Bedrooms 5
Full Baths 5
Year Built 1943
Lot Size 7,361 Sqft
Property Sub-Type Apartment
Property Description
5-Unit Multi-Family Home in great condition located in a desirable and safe neighborhood in Longview, Texas and just minutes from downtown. This property offers 2 units that are two-bedrooms; 2 units are one-bedroom; the stand-alone unit is also a two-bedroom. They are all spacious with an open floor plan. Tenants pay their own utilities. Electric bill averages $90 per month.Water bill averages $50 per month. Each unit has separate meters. Seller pays less than $80 per month for insurance. Great Investment Property-addition to Real Estate Portfolio.Cap Rate estimated at 11.3%. See transaction docs for details.
Location
State TX
County Gregg
Interior
Heating Space Heater
Cooling Window Unit(s)
Flooring Laminate, Wood
Exterior
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Bramlette
Middle Schools Judson
High Schools Longview
School District Longview Isd
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Bought with Jeffery Ramsey • Ramsey Realty Group
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Sean Parsons
Broker Associate | License ID: 0591907
Broker Associate License ID: 0591907