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11394 Fm 2661

Tyler, TX 75709
  • $499,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 24012107
UPDATED: 214 min ago
$499,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,070
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Fantastic investment opportunity in fast growing Tyler TX with a 14.43% cap rate! This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6,000 a month, which is $72,000 a year! You could rent it all, or you could just rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that produces passive income and its outside the city limits but just 7 miles away from any necessities you may have like Supermarkets, Malls, Services, Banks, Franchises, Parks, Schools and many more! Don't miss this one, call and schedule your showing today!

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[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2024-12-12T00:29:33.597.
www.loblollypropertiesllc.com/homes/154314557
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11394 Fm 2661 Tyler, TX 75709

  • Price: $499,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 214 min ago
  • MLS #: 24012107
0
Beds
0
Baths
0
½ Baths
1
Acres
4,070
SQFT
$123
$/SQFT
1900
Built
Neighborhood:
Smith
County:
Smith
Area:
Smith
Property Description
Fantastic investment opportunity in fast growing Tyler TX with a 14.43% cap rate! This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6,000 a month, which is $72,000 a year! You could rent it all, or you could just rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that produces passive income and its outside the city limits but just 7 miles away from any necessities you may have like Supermarkets, Malls, Services, Banks, Franchises, Parks, Schools and many more! Don't miss this one, call and schedule your showing today!
Exterior Features

Construction Wood/ FrameShingles Lot Dimensions 40700 sqft Water View No Waterfront No

Property Features

Building Description OfficeApartments Commercial Type Building Foreclosure Or Bank Owned No Location Outside City Limits Sale Includes Building Security Gate No Short Sale YN No Year Built Source SCAD Zoning Other/See Remarks

Listing provided courtesy of Luis Miranda of Miller Homes Group: . Listing information © 2024 Greater Tyler Association of REALTORS® Multiple Listing Service.


[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2024-12-12T00:29:33.597.
 
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Loblolly Properties, LLC
115 N University Drive Ste A
Nacogdoches TX, 75961