Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!
Property Details
- Interior
- Built In Features, High Speed Internet, Cable Tv
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 6
- Bathrooms
- 2.0
- Full Baths
- 2
- Lot Features
- Back Yard, Cleared, Interior Lot, Lawn, Few Trees
- Lot Description
- Back Yard, Cleared, Interior Lot, Lawn, Few Trees
- Exterior Features
- Storage
- Exterior Materials
- Storage
- Acres
- 0.0
- Square Feet
- 2416.0
- Lot Size (sqft)
- 0.688
- Parking Features
- Driveway, On Site, On Street
- Parking Spaces
- 4.0
- Parking Type
- Driveway
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 1954
- Foundation
- Pillar Post Pier
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available, Cable Available
- Appliances
- Gas Range
- Subdivision
- SOUTH SIDE ADDITION
- School District
- Stephenville ISD
- Elementary School
- Chamberlai
- Middle School
- Gilbert,Stephenvil
- High School
- Stephenvil
- County
- Erath
- Region
- Stephenville
- Days on Market (Cumulative)
- 135
- Taxes Annual
- $7,603
Location
Legal
© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Anthony L. Brown shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Provided By
Listed by Eric Hayden (#0606910)
Listing Office: Ebby Halliday Realtors (#EBBY00SV)
