20 Beds
12 Baths
1,404 SqFt
20 Beds
12 Baths
1,404 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $266
Subdivision Temple Heights
MLS Listing ID 609192
Style Other,See Remarks
Bedrooms 20
Full Baths 12
Construction Status Resale
HOA Y/N No
Year Built 1948
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Single Family Residence
Property Description
Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT – PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX!
Don't wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won't sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!
Location
State TX
County Bell
Interior
Interior Features Other, See Remarks, Eat-in Kitchen
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Tile
Fireplaces Type Bedroom, Bath, Den, Dining Room, Family Room
Fireplace Yes
Appliance Dishwasher
Laundry Laundry Room
Exterior
Exterior Feature None, Other, See Remarks
Fence Chain Link
Pool None
Community Features Other, See Remarks
Utilities Available Water Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other, See Remarks
Level or Stories One
Construction Status Resale
Schools
School District Temple Isd
Others
Tax ID 118896
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Schools and Properties Nearby
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