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$780,000
Est. payment /mo
0.6 Acres Lot
Active
3720 Sockwell Boulevard #1 Greenville, TX 75401
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Graham Park Add
MLS Listing ID 21181103
Total Fin. Sqft 6934
Year Built 1975
Annual Tax Amount $14,133
Lot Size 0.597 Acres
Acres 0.597
Property Sub-Type Business
Property Description
Rare opportunity to acquire a fully occupied 10-unit multifamily asset in rapidly growing Greenville, TX. The motivated seller has recently implemented a price improvement, creating an attractive entry point for investors seeking immediate cash flow with additional upside through rent growth and ancillary income opportunities. The unit mix includes 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, comprised of an 8-unit main building and a 2-unit carriage house. Interior renovations were completed in 2021, with the current owner investing over $80,000 in additional capital improvements. The asset is professionally managed, with management in place for a seamless transition if desired. Ideally located across from a well-maintained public park, enhancing tenant appeal and long-term demand. No showings prior to executed contract. Please do not disturb tenants.
Location
State TX
County Hunt
Zoning Multi Family Residential
Direction Property is on Sockwell across from park. GPS available
Interior
Heating Central
Cooling Central Air
Flooring Other
Heat Source Central
Exterior
Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Electricity Available
Roof Type Composition
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Brick
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21181103

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Listed by Greg Parks • Milestone Premier Properties
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