Great investment opportunity!! Check out this huge 1.68 acre R3 multi family zoned lot!! The lot is located in a prime spot! As you can see in the pictures there is a large complex of new apartments being built right behind it! It is centrally located, close to TSU, the city park, the downtown area and the shopping district! This one is primed and ready for someone to come and develop it! Keep the home and rent it or remove it and develop the entire lot. The possibilities are endless. The street out front has recently been replaced and now features new sidewalks. This is a great opportunity for someone wanting to jump into the Multi Family housing business and it already has a home on site to rent and offset the cost! The home is a very large older home that has been updated. There is also a possibility of some additional acreage that would give the lot access to a second street. Call or text to see what this one can do for you!!
Property Type :
Residential
Subdivision :
Princeton Heights
County :
Erath
Style :
Residential
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ByOwner last updated this listing 05/06/2024 @ 03:10
MLS: 438670413
LISTED BY: Sam Byrd, CLARK REAL ESTATE GROUP
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.
