• 429 Johnson Street Longview, Texas 75602

  • $1,225,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1.034
    Acres

24 unit multi-family available in Longview! 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.3 million! ***NO OWNER FINANCE*** *Owner is exiting this territory due to proximity from corporate office in Plano*

Property Type :

Residential Income

Subdivision :

Rollins School

County :

Gregg

Style :

Residential Income

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Property Details

 

Interior Features

Cable TV Available,High Speed Internet Available,Other

Appliances

Dishwasher,Disposal,Electric Cooktop,Electric Range,Other

Utilities

City Sewer,City Water

Cooling Features

Central Air,Electric

Heating Source

Central,Electric

Building Information

Built Year: 1974

Building Area Total: 18,710

Construction: Brick,Siding,Wood

Roof Type: Composition

Foundation

Slab

Construction Materials

Brick,Siding,Wood

Lot Information

Lot Size (Acr): 1.0340

Lot Size Units: Acres

Lot Size Square Feet: 45041.0400

Property Information

Property Type: Residential Income

Property Sub Type: Apartment

Subdivision: Rollins School

City: Longview

State: Texas

Directions: Property is on Johnson Street on the left.

Property Status: Active

Exclusions: All tenant belongings. Email all questions and offers to Will Clark at [email protected]

Levels: Two

Property Age: 50

Year Built Details: Preowned

Listing Price Information

Original List Price: $1,225,000

Listing Information

Possession: Closing/Funding,Lease Outstanding,Other

Tax Information

Parcel Number: 000000064183

Tax Block: 11

Tax Legal Description: LTS 1 THRU 4 BLK 11 (NCB 1361) ROLLINS SCHOOL

Tax Lot: 1

Unexempt Taxes: $13,452

Parking Information

Parking: 24

Parking Features: Other

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Bramlette

Middle School: Forrest Park

High School: Longview

School District: Longview ISD

Utility Information

Utilities: City Sewer,City Water

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
207 Longleaf Drive, Longview, TX,75602 $163,000 -- -- -- 0.845 Acre
1303 Twelfth Street, Longview, TX,75602 $134,900 3 2 1,203 0.23 Acre
TBD S 15th Street, Longview, TX,75602 $14,950 -- -- -- 0.805 Acre
11435 Fm 968 W, Longview, TX,75602 $1,300,000 4 3 3,380 50 Acres
1805 E Timpson Street, Longview, TX,75602 $123,900 3 1 1,420 0.172 Acre
2303 Victory St, Longview, TX,75602 $116,900 3 2 1,180 0.26 Acre
120 Sidney Street, Longview, TX,75602 $250,000 4 -- -- 0.189 Acre
118 Sidney Street, Longview, TX,75602 $250,000 5 -- -- 0.172 Acre
801 S Mobberly Ave., Longview, TX,75602 $179,000 3 1 1,383 0.184 Acre
210 S Martin Luther Kin.., Longview, TX,75602 $45,000 2 1 872 0.328 Acre
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved

ByOwner last updated this listing 04/29/2024 @ 23:34

MLS: 435185298
LISTED BY: Will Clark, OmniKey Realty, LLC.
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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