20
See all 20 photos
$699,900
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 meaningful price improvement, creating an attractive entry point for investors seeking immediate, strong cash flow with performance exceeding the 1% rule and additional upside through rent growth and ancillary income opportunities. The property features a diverse unit mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a 2-unit carriage house. Interior renovations were completed in 2021, and the current owner has invested over $80,000 in additional capital improvements, contributing to the property's overall condition and tenant retention. This asset is professionally managed, offering a seamless transition for a new owner, and is ideally positioned across from a well-maintained public park—enhancing tenant appeal and long-term demand. Fully occupied with stabilized income in place, this is a strong opportunity for investors looking to step into a performing asset with both immediate returns and future upside.
No showings prior to executed contract. Please do not disturb tenants.
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
NEARBY SCHOOL & BUSINESS
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