1435 and 1425 Groesbeck ST Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $398
Subdivision South Side Addition
MLS Listing ID 21091584
Bedrooms 6
Full Baths 2
Year Built 1954
Lot Size 0.680 Acres
Property Description
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied throughout the next year, bringing you immediate rental income from day one. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, and stable tenants, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!
Location
State TX
County Erath
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Carpet,Laminate,Wood
Exterior
Exterior Feature Storage
Parking Features Driveway,On Street
Fence Chain Link,Privacy
Pool None
Utilities Available Sewer Available,Water Available,Cable Available
Roof Type Composition
Building
Lot Description Back Yard,Cleared,Lawn,Few Trees
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools Chamberlai
High Schools Stephenvil
School District Stephenville Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21091584