1425-1435 Groesbeck St, Stephenville, TX 76401
- $450,000
- 6
- BD
- 2
- BA
- 2,416
- SqFt
- List Price
- $450,000
- Price Change
- ▼ $49,000 1782858921
- MLS#
- 21253345
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1954
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 2
- Acres
- 0.69
- Living Area
- 2,416
- County
- Erath
- City
- Stephenville
- Subdivision
- SOUTH SIDE ADDITION
- Building Name
- N/A
Property Description
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 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. 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, 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!
Additional Information
- Unexempt Taxes
- $7,603
- Lot Size
- 29,969
- Lot Description
- Back Yard, Cleared, Irregular Lot, Lawn, Few Trees
- Interior Features
- High Speed Internet, Cable TV
- Flooring
- Carpet, Laminate, Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Exterior
- Storage
- Parking Garage
- Driveway, On Site, On Street
- School District
- Stephenville Isd
- Elementary School
- Chamberlai
- Middle School
- Gilbert, Stephenvil
- High School
- Stephenvil
- Possession
- SubjectToTenantRights
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Listing courtesy of Eric Hayden from Ebby Halliday Realtors. Contact: (254) 965-7653