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429 Johnson Street

Longview, TX 75602
  • $1,150,000
  • STATUS: Active Option Contract
  • ON SITE: 329 Days
  • MLS #: 20513984
Under Contract
UPDATED: 45 min ago
$1,150,000
  • 32
    BEDS
  • 1.03
    ACRES
  • 24
    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! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** 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, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating 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 1.2 million! *Owner is exiting this territory due to proximity from corporate office in Plano*

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© 2024 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 eXp Realty | The Tierny Jordan Network. 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 eXp Realty | The Tierny Jordan Network 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 2024-12-12T17:43:50.263.
www.texasonlinehomesearch.com/homes/146699084
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429 Johnson Street Longview, TX 75602

  • Price: $1,150,000
  • Status: Active Option Contract
  • On Site: 329 Days
  • Updated: 45 min ago
  • MLS #: 20513984
32
Beds
24
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! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** 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, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating 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 1.2 million! *Owner is exiting this territory due to proximity from corporate office in Plano*
Exterior Features

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

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric RangeOther Cooling Central AirElectric Flooring Other Garage No Handicap YN No Heating CentralElectric Interior Features Cable TV AvailableHigh Speed Internet AvailableOther

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 Levels Two 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 © 2024 North Texas Real Estate Information System.


© 2024 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 eXp Realty | The Tierny Jordan Network. 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 eXp Realty | The Tierny Jordan Network 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 2024-12-12T17:43:50.263.
 
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eXp Realty | The Tierny Jordan Network
eXp Realty | The Tierny Jordan Network
Dallas | Arlington | Frisco TX,
Offered by Will Clark of OmniKey Realty, LLC.: 972-480-8280.