601 County Road 3721 Active

Athens,TX 75752

$ 1500000

2 Beds

1 Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20759245

Bedrooms 2

Full Baths 1

Year Built 1982

Lot Size 1.029 Acres

Property 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.

Location

State TX

County Henderson

Interior

Heating Central,Electric

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Luxury Vinyl Plank,Vinyl

Exterior

Exterior Feature Rain Gutters

Utilities Available All Weather Road,Master Water Meter,Outside City Limits,Overhead Utilities,Septic

Roof Type Composition

Building

Lot Description Corner Lot,Few Trees,Lrg. Backyard Grass

Story Two

Foundation Slab

Structure Type Brick,Siding

Schools

Elementary Schools Central Athens

Middle Schools Athens

High Schools Athens

School District Athens Isd

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