$1,150,000
Accepting Backup Offers

429 Johnson Street

Longview, TX 75602
32 beds | 24 baths | 1.03 acres | #20513984
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

24 unit multi-family available in Longview! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.2 million!
*Owner is exiting this territory due to proximity from corporate office in Plano*

  • Property Details
      • InteriorCable TV Available, High Speed Internet Available, Other
      • Utility FeaturesCity Sewer, City Water
      • SubdivisionRollins School
      • Property TypeMulti-Family
      • School DistrictLongview ISD
      • Elementary SchoolBramlette
      • Property SubtypeApartment
      • MLS #20513984
      • MLS #20513984
      • Cost1150000
      • Acres1.0340
      • CountyGregg
      • Year Built1974
      • FoundationSlab
      • Bedrooms32
      • Bathrooms24
      • Full Baths24

Location

Ranch Roads RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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