201 South Second Street Huntington TX 75949

Pending
$679,900 Huntington, TX 75949
  • 0 Acres
  • 10 Baths

Description

Introducing a compelling investment opportunity in the form of a multifamily portfolio consisting of two duplexes and one triplex. This well-maintained, income-producing offering is an excellent addition to any discerning investor's portfolio. The duplexes were built in 1980 and are fully occupied with all rents current and up-to-date, while the triplex was constructed in 2020 and is also 100% occupied with rents paid on time. The properties demonstrate a consistent cash flow, as they are all 100% occupied, ensuring a steady stream of rental income. The duplexes' roofs were recently replaced in 2020, showcasing the exceptional condition of the assets and the attention to detail in their maintenance. Rent rolls and financial records available for review, providing transparency and supporting the investment case. This multifamily portfolio represents a unique opportunity for investors seeking a well-positioned, income-producing asset. Worthy consideration for any rental portfolio.

Key Features

  • Property Type Commercial Sale
  • Acres 0 Acres
  • Zoning Commercial Sale
  • Utilities Public Water Meter,Sewer Tap
  • Improvements Call for more info
  • Minerals Call for more info
  • Water Call for more info

Features

List Price: $679,900
Building Size: n/a
Type/Style:
Area: Huntington
Year Built: 2020
Acreage/Lot Size: .39
Environmental Status: n/a
Restrictions: Buyer to Determine
Zoning: D - Duplex, A - Apartment
Size of Tract: Less than 1 acre
Construction: Brick Veneer, Other
Heating System: Electric Furnace
Air Conditioning: Central Electric
Utilities: Public Water Meter, Sewer Tap
Easements: None Known
Foundation: Slab, Pillar/Post/Pier
Roof: Composition
Topography: Level
Access: n/a
Parking Lot/Capacity: n/a
Handicap Accessible: 1
Remarks: Introducing a compelling investment opportunity in the form of a multifamily portfolio consisting of two duplexes and one triplex. This well-maintained, income-producing offering is an excellent addition to any discerning investor's portfolio. The duplexes were built in 1980 and are fully occupied with all rents current and up-to-date, while the triplex was constructed in 2020 and is also 100% occupied with rents paid on time. The properties demonstrate a consistent cash flow, as they are all 100% occupied, ensuring a steady stream of rental income. The duplexes' roofs were recently replaced in 2020, showcasing the exceptional condition of the assets and the attention to detail in their maintenance. Rent rolls and financial records available for review, providing transparency and supporting the investment case. This multifamily portfolio represents a unique opportunity for investors seeking a well-positioned, income-producing asset. Worthy consideration for any rental portfolio.
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