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$1,500,000

Est. payment - /mo

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2 BD

1 BA

1.03 Acres Lot

New

601 County Road 3721 Athens, TX 75752

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Vernessa Evans

vernessa@thesavvyrealtor.com +1(972) 737-0711

UPDATED:

10/23/2024 10:10 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20759245

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 19696

Year Built 1982

Lot Size 1.029 Acres

Acres 1.029

Property Description

SELLER SAYS SELL!! Bank recently appraised for $1,645,000. Remodeled, rehabbed property being sold as-is. There are four two-story buildings with a total of 22 (2 bedroom 1 bath) units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package.
The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.

Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19.

BRING ALL OFFERS!! Please do not disturb tenants.

Buyer to verify schools.

Location

State TX

County Henderson

Direction From Hwy. 175 East to Athens, turn left onto Loop 7. Exit Hwy. 19 North and turn left to go under the Loop. The complex is on the right. No sign.

Interior

Interior Features Multiple Staircases

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank, Vinyl

Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Rain Gutters

Utilities Available All Weather Road, Master Water Meter, Outside City Limits, Overhead Utilities, Septic

Roof Type Composition

Parking Type Common, On Site, Open, Unassigned

Garage No

Building

Lot Description Corner Lot, Few Trees, Lrg. Backyard Grass

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding

Schools

Elementary Schools Central Athens

Middle Schools Athens

High Schools Athens

School District Athens Isd

Others

Ownership BSA LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Orr Hernandez • Centurion Real Estate - Texas

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Vernessa Evans

Agent

+1(972) 737-0711

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Vernessa Evans

601 County Road 3721 Athens, TX 75752

Vernessa Evans

Key Details

Location

Interior

Exterior

Building

Schools

Others

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601 County Road 3721