429 Johnson Street

Longview,TX 75602

$ 1150000

32 Beds

24 Baths

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision Rollins School

MLS Listing ID 20513984

Bedrooms 32

Full Baths 24

HOA Y/N None

Total Fin. Sqft 18710

Year Built 1974

Annual Tax Amount $13,452

Lot Size 1.034 Acres

Acres 1.034

Property Description

24 unit multi-family available in Longview! Nearly 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 1.2 million!

*Owner is exiting this territory due to proximity from corporate office in Plano*

Location

State TX

County Gregg

Direction Property is on Johnson Street on the left.

Interior

Interior Features Cable TV Available,High Speed Internet Available,Other

Heating Central,Electric

Cooling Central Air,Electric

Flooring Other

Appliance Dishwasher,Disposal,Electric Cooktop,Electric Range,Other

Heat Source Central,Electric

Exterior

Utilities Available City Sewer,City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding,Wood

Schools

Elementary Schools Bramlette

Middle Schools Forrest Park

High Schools Longview

School District Longview Isd

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

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