518 Oakridge Dr Unit 9 units, Greenville, TX 75402

$1,600,000
18
BD
18
BA

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List Price
$1,600,000
Status
ACTIVE
Price Change
▼ $350,000 1784865674
MLS#
21276833
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1988
Bedrooms
18
Bathrooms
18
Full Baths
18
Lot Size
3,005
Acres
0.07
Subdivision
Oak Ridge Add
Building Name
Townhouses

Property Description

Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.

Additional Information

Interior Features
Eat-In Kitchen, High Speed Internet, Cable TV, Walk-In Closet(s)
Taxes
$27,000
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Electric Range, Disposal
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Stories
1
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Alley Access, Garage - Single Door, Garage, Garage Door Opener
School District
Greenville Isd
Elementary School
Lamar
Middle School
Greenville
High School
Greenville

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Calculator source: Real Geeks

Listing courtesy of Holly Gray from Century 21 First Group. Contact: 903-456-3165

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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