1425-1435 Groesbeck St, Stephenville, TX 76401

$425,000
6
BD
2
BA
2,416
SqFt

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List Price
$425,000
Status
ACTIVE
Price Change
▼ $25,000 1787361905
MLS#
21253345
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1954
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,416
Lot Size
29,969
Acres
0.69
Subdivision
SOUTH SIDE ADDITION
Building Name
N/A

Property Description

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

Additional Information

Interior Features
High Speed Internet, Cable TV
Exterior Features
Storage
Taxes
$7,603
Flooring
Carpet, Laminate, Wood
Appliances
Gas Range
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Features
Storage
Stories
1
Levels
One
Roof
Composition
Foundation
Pillar/Post/Pier
Parking Features
Driveway, On Site, On Street
School District
Stephenville Isd
Elementary School
Chamberlai
Middle School
Gilbert, Stephenvil
High School
Stephenvil

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Eric Hayden from Ebby Halliday Realtors. Contact: (254) 965-7653

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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