$650,000
For Sale

513 NW 6th Street

Mineral Wells, TX 76067
Browse 39 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!

  • Interior Details
      • InteriorCable TV Available, Eat-in Kitchen, High Speed Internet Available, Multiple Staircases
  • Property Details
      • Acres0.2410
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1920
    • Material information
      • FoundationCombination, Other
  • Utilities / Energy Details
      • Utility FeaturesCable Available, City Sewer, City Water, Curbs
  • Community and Neighborhood Details
      • SubdivisionWiggins
    • Location
      • School DistrictMineral Wells ISD
      • CountyPalo Pinto
      • Elementary SchoolHouston
  • Other
      • MLS #20720120

Location

Anthony L. BrownJPAR Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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