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429 Johnson Street

Longview, TX 75602
  • $1,600,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 20240973
UPDATED: 52 min ago
$1,600,000
  • 0
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Will Clark of Omnikey Realty, Llc.: 972-480-8280.

Description

24 unit multi-family available in Longview! Over 15.5K monthly gross rents! 23 of 24 units have been renovated! Currently 1 vacancy. 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, roof replacement on one building, approximately 50% of the AC units replaced and much more! Owner has put over 400K back into 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 1.6 million!*Owner is exiting this territory due to proximity from corporate office in Plano*

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T19:42:13.357.
www.homesbylainie.com/homes/136138244
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429 Johnson Street Longview, TX 75602

  • Price: $1,600,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 52 min ago
  • ID#: 20240973
0
Beds
0
Baths
0
½ Baths
1.03
Acres
1974
Built
Neighborhood:
Rollins School
County:
Gregg
Area:
Longview
Elementary School:
Bramlette
High School:
Longview
School District:
Longview Isd
Property Description
24 unit multi-family available in Longview! Over 15.5K monthly gross rents! 23 of 24 units have been renovated! Currently 1 vacancy. 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, roof replacement on one building, approximately 50% of the AC units replaced and much more! Owner has put over 400K back into 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 1.6 million!*Owner is exiting this territory due to proximity from corporate office in Plano*
Exterior Features

Construction BrickSidingWood Construction Materials Walls 24 Foundation Slab Parking Or Garage Other Pool On Property No Roof Composition

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric RangeOther Cooling Central AirElectric Garage No Handicap YN No Heating CentralElectric Interior Features Cable Tv AvailableHigh Speed Internet AvailableOther Kitchen Equipment 972-480-8280

Property Features

Building Area Source Assessor Building Area Total 18710.00 Complex Name Johnson Multi-Family Construction Status Preowned Exclusions All Tenant Belongings. Email All Questions And Offers To Will Clark At Wclark@Omnikeytexas.Com Gross Annual Expenses 0.00 Gross Annual Income 0.00 HOA None Insurance Expense 0 List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventionalOther Municipal Utility District No Net Operation Income 0 Possession Closing/FundingLease OutstandingOther Property Type Apartment Unexempt Taxes 13452 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T19:42:13.357.
 
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Homes By Lainie Real Estate Group
141 Chisolm Trail
Pottsboro TX, 75076
Offered by Will Clark of Omnikey Realty, Llc.: 972-480-8280.