Incredible investment opportunity! 3 newly constructed homes on 1 acre of land. Open floor plans, custom backsplash, granite countertops, stainless steel appliances. Each unit has 2 bedrooms, 1 bath, washer/dryer hookups, & 2 parking spaces. Separate electrical & water meters. Fully fenced yards. This area desperately needs more rentals. Rent all 3 for an instant income, or live in one and let the other 2 pay your mortgage! Additional space on the property add storage buildings for added income potential. Or add a hot tub to each unit for a charming VRBO. There's so much income potential here, it's nuts! Each unit is TURNKEY and ready to produce income NOW! An estimated cap rate between 7-9% if rented for 1200-1500 each! This is a golden investment opportunity of a lifetime!
Property Type :
Triplex
Subdivision :
Tx
County :
Gregg
Style :
Triplex
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All listings featuring the "Greater Tyler Texas Area" as the source are provided by "Greater Tyler Association of REALTORS®".. This information is not verified for authenticity or accuracy and is not guaranteed.
ByOwner last updated this listing 05/01/2024 @ 23:02
MLS: 24004891
LISTED BY: Nacole Eaton, Texas Real Estate Executives-Gilmer
SOURCE: GTAR - Greater Tyler Texas Association of Realtors
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.
