Don’t miss this income producing commercial property featuring three garage apartment units (approximately 420 SF each), currently leased and generating rental income. Situated on a generous 0.43-acre tract, this property offers significant upside with the ability to add two additional units and ample space for future development, including additional rental units or a commercial building.
Whether you’re looking to expand your rental portfolio or capitalize on future development opportunities, this property delivers both immediate cash flow and long-term growth potential. Even better, it can be purchased individually, packaged with five additional investment properties, or combined with the neighboring income-producing barbershop and residential home for an even larger investment opportunity.
Property Details
- Interior
- Open Floorplan, Other
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Electric, Window Units
- Acres
- 0.0
- Lot Size (sqft)
- 0.46
- Parking Features
- No Garage, On Site, Open, Unpaved
- Parking Spaces
- 5.0
- Parking Type
- Garage
- Property Type
- Multi-Family
- Foundation
- Slab
- Roof
- Metal
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available
- Subdivision
- Oakes
- School District
- Marlin ISD
- Elementary School
- Marlin
- Middle School
- Marlin
- High School
- Marlin
- County
- Falls
- Region
- Marlin
- Days on Market (Cumulative)
- 98
- Taxes Annual
- $4,682
- MLS #
- 21295394
- Property Subtype
- ResidentialIncome
- Parcel Number
- 35406
- MLS #
- 21295394
- Address
- 408 Live Oak St Street
Location
Legal
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Provided By
Listed by Mercedes Lane (#A829589237)
Listing Office: Agents Of Texas, LLC (#A829590020)
