Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!
Property Details
- Interior
- Eat In Kitchen, High Speed Internet, Cable Tv
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 9
- Bathrooms
- 3.0
- Full Baths
- 3
- Lot Features
- Back Yard, Interior Lot, Lawn, Few Trees
- Lot Description
- Back Yard, Interior Lot, Lawn, Few Trees
- Exterior Features
- Fire Pit, Storage
- Exterior Materials
- Fire Pit, Storage
- Acres
- 0.0
- Lot Size (sqft)
- 0.91
- Parking Features
- Driveway, Gravel, On Site, Outside, On Street
- Parking Spaces
- 3.0
- Parking Type
- Driveway
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 1910
- Foundation
- Pillar Post Pier
- Roof
- Composition, Metal
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available, Cable Available
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Water Heater
- Subdivision
- S6200 SOUTH SIDE
- Community Features
- Curbs
- School District
- Stephenville ISD
- Middle School
- Gilbert,Stephenvil
- High School
- Stephenvil
- County
- Erath
- Region
- Stephenville
- Days on Market (Cumulative)
- 175
- Taxes Annual
- $10,162
Location
Legal
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Provided By
Listed by Eric Hayden (#0606910)
Listing Office: Ebby Halliday Realtors (#EBBY00SV)
