1032 Greg St Unit 1, 2, 3, 4, 5, Azle, TX 76020

$1,149,000
8
BD
8
BA

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List Price
$1,149,000
Status
ACTIVE
Price Change
▼ $50,000 1778110369
MLS#
21237322
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1991
Bedrooms
8
Bathrooms
8
Full Baths
8
Lot Size
43,560
Acres
1
Subdivision
T&P Rr Co #7 Surv A 1431p Tr 2
Building Name
Beatty & Gamble

Property Description

FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

Additional Information

Amenities
Fireplace
Interior Features
Double Vanity, Walk-In Closet(s)
Flooring
Carpet, Combination, Tile
Appliances
Electric Range, Electric Water Heater
Heating
Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Stories
1
Levels
One
Roof
Asphalt
Foundation
Slab
Parking Features
Driveway, Garage
Garage Spaces
7
School District
Azle Isd
Elementary School
Cross Timbers
Middle School
Azle
High School
Azle

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Calculator source: Real Geeks

Listing courtesy of Bradley Hutton from Trinity Group Realty. Contact: 972-313-5388,972-313-5388

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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