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    525 County Road 3502

    Sulphur Springs, TX 75482
    • $949,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 14547944
    UPDATED: 50 min ago
    $949,000
    • 0
      BEDS
    • 17.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Arturo Nevarez of Jp & Associates Frisco.

    Description

    Great opportunity located in the growing community of Sulphur Springs consisting of seven units fully leased on 17+ acres. Existing leases were inherited at below market rates; leases can be increased to market rates at time of renewals or when buyer takes over property. Property sits in a great location in front of a newly constructed industrial park (Load & Trail and ONCOR) and is minutes away from downtown. Plenty of land to build or add more homes with easy access to all utilities (water, sewer, gas and electric). This property has no restrictions; it can be used for residential or commercial or mixed-use.

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    © 2021 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 ACR- ANN CARR REALTORS®. 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 ACR- ANN CARR REALTORS® 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 2021-04-19T19:40:27.923.
    www.anncarrrealestate.com/homes/115756381
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    525 County Road 3502 Sulphur Springs, TX 75482

    • Price: $949,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 14547944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    17.12
    Acres
    1940
    Built
    Neighborhood:
    Elizabeth Melton Surv Abs #583
    County:
    Hopkins
    Area:
    Hopkins County
    Elementary School:
    Sulphursp
    Middle School:
    Sulphurspr
    High School:
    Sulphurspr
    School District:
    Sulphur Springs ISD
    Property Description
    Great opportunity located in the growing community of Sulphur Springs consisting of seven units fully leased on 17+ acres. Existing leases were inherited at below market rates; leases can be increased to market rates at time of renewals or when buyer takes over property. Property sits in a great location in front of a newly constructed industrial park (Load & Trail and ONCOR) and is minutes away from downtown. Plenty of land to build or add more homes with easy access to all utilities (water, sewer, gas and electric). This property has no restrictions; it can be used for residential or commercial or mixed-use.
    Exterior Features

    Construction Other Foundation Pier & Beam Parking Or Garage Open Parking Spaces 12 Pool On Property No Roof CompositionMetal

    Interior Features

    Handicap YN No Heating Central Air-ElecCentral Heat-ElecPropaneWindow Unit Interior Features Cable Tv AvailableHigh Speed Internet Available Kitchen Equipment Other Sq Ft Building 8200

    Property Features

    Building Area Source Tax Buildings 6 Complex Name N/A Construction Status Preowned Gross Annual Expenses 3500 Gross Annual Income 60000 HOA None Insurance Expense 3000 Municipal Utility District No Net Annual Income 53500 Possession Closing/Funding Property Type Mul-Apartment/5Plex+ Unit Count 0 Utilities Aerobic SepticCity SewerIndividual Water MeterPrivate Water Will Subdivide No

    Listing information © 2021 North Texas Real Estate Information System.


    © 2021 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 ACR- ANN CARR REALTORS®. 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 ACR- ANN CARR REALTORS® 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 2021-04-19T19:40:27.923.
     
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    ACR- ANN CARR REALTORS®
    Abilene TX, 79605
    Offered by Arturo Nevarez of Jp & Associates Frisco.