1435 and 1425 Groesbeck Street new Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision South Side Addition
MLS Listing ID 21091584
Bedrooms 6
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1380
Year Built 1954
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Multiple Single Units
Property Description
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied throughout the next year, bringing you immediate rental income from day one. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, and stable tenants, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!
Location
State TX
County Erath
Direction GPS Friendly; SOP
Interior
Interior Features Built-in Features,Cable TV Available,High Speed Internet Available
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Laminate,Wood
Appliance Gas Range
Heat Source Central,Electric
Exterior
Exterior Feature Covered Patio/Porch,Storage
Fence Chain Link,Privacy
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Lot Description Cleared,Few Trees,Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Siding,Vinyl Siding,Wood
Schools
Elementary Schools Chamberlai
High Schools Stephenvil
School District Stephenville Isd
Others
Ownership See Tax
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21091584