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Active

$500,000

  • 0 baths
  • 2,016 sq ft
  • 9.29 acre lot

7544 N US HIGHWAY 69 Highway

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Listing data updated

About this home

INVESTMENT AND INCOME OPPORTUNITY ON HWY 69! Owner financing available! This versatile property offers multiple existing rental income streams along with excellent potential for future expansion. The property currently features three occupied studio units, each offering 1 bedroom, 1 bathroom, and heating and cooling,…

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INVESTMENT AND INCOME OPPORTUNITY ON HWY 69! Owner financing available! This versatile property offers multiple existing rental income streams along with excellent potential for future expansion. The property currently features three occupied studio units, each offering 1 bedroom, 1 bathroom, and heating and cooling, with current rents of $600, $650, and $700 per month. A separate 3 bedroom, 2 bathroom home is also currently rented for $1,600 per month, bringing total existing rental income to approximately $3,550 per month.

Adding even more opportunity, an additional structure on the property could potentially be finished out for another residential rental, office, business, or other income-producing use. Pre-existing utility infrastructure provides a valuable head start for expanding the property with additional units and increasing future rental income.

With established tenants, multiple income-producing units, Highway 69 frontage, and room to grow, this property presents an exciting opportunity for investors looking to acquire an existing rental operation with additional value-add potential. Continue operating the current rentals while exploring expansion, additional residential units, or commercial possibilities to maximize the property's income potential.

Bathrooms
0
Living area
2,016 sq ft
Lot size
9.29 acres
Garage spaces
1 space
Year built
2000
Property type
MultipleParcels
Status
Active
MLS number
21397839

Listing courtesy of Marksman Management, Real Estate & Auction

Office phone 214-676-5053

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bathrooms
0
Living area
2,016 sq ft

Exterior

Garage spaces
1

Lot

Lot size
9.29 acres

Building

Year built
2000
Property type
MultipleParcels

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Listing courtesy of Marksman Management, Real Estate & Auction. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated