$1,500,000
For Sale

601 County Road 3721

Athens, TX 75752
2 beds | 1 bath | 1.03 acres | #20759245
Browse 13 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

SELLER SAYS SELL!! Bank recently appraised for $1,645,000. Remodeled, rehabbed property being sold as-is. There are four two-story buildings with a total of 22 (2 bedroom 1 bath) units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package.
The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.
Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19.
BRING ALL OFFERS!! Please do not disturb tenants.
Buyer to verify schools.

  • Interior Details
      • InteriorMultiple Staircases
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot DescriptionCorner Lot, Few Trees, Lrg. Backyard Grass
      • Exterior MaterialsRain Gutters
    • Measurements
      • Acres1.0290
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1982
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesAll Weather Road, Master Water Meter, Outside City Limits, Overhead Utilities, Septic
  • Community and Neighborhood Details
      • Elementary SchoolCentral Athens
      • School DistrictAthens ISD
      • CountyHenderson
  • Other
      • MLS #20759245

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.

Estimated Monthly Payment
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Loan Amount
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