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$675,000
Est. payment /mo
5 Beds
4 Baths
10,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $67
Subdivision City Ofcooper
MLS Listing ID 25011118
Bedrooms 5
Year Built 1980
Property Sub-Type Fourplex
Property Description
11-UNIT APARTMENT BUILDING, 1 SINGLE FAMILY HOME, 1 RETAIL BUILDING AND A 1/2 ACRE VACANT LOT ALL ON 1.4 ACRES OF LAND!!! EXCELLENT INCOME OPPORTUNITY WITH ROOM FOR IMPROVEMENT!!! This income producing, well-maintained multi-family with mixed-use property sits on 1.4 acres located in the city of Cooper at the corner of Tenth St and W Dallas Ave (AKA Business 24). There is an 11-unit efficiency suite apartment complex that is 100% occupied with mostly long-term, solid tenants and there is a wait list. There is a coin operated laundromat for tenants use only. There is a .5-acre vacant lot at the corner of W Dallas Ave and Tenth St. adjacent to the apartment building that can be developed with easy access to electric, public water and sewer, natural gas and internet. There is a nice 1,250 sq' single family residence on the property that can be used as a residential rental (currently not being rented). There is a very charming commercial 1,765 sq' retail building on the property that is currently occupied by a tenant who has a barber shop and tanning salon. Seller has an existing survey. Here, you are 16 miles to Commerce, TX, 59 miles to Rockwall, TX and 76 miles northeast of Dallas.
Location
State TX
County Delta
Zoning Multi Fam Dwelling 11,Commercial,Retail,Single Family
Interior
Heating Central Electric
Cooling Central Electric
Fireplaces Type None
Exterior
View Y/N No
Building
Foundation Slab
Schools
Elementary Schools Cooper
Middle Schools Cooper
High Schools Cooper
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Listed by Rene Griffin-Perry • RE/MAX Tyler
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