Incredible Investment Opportunity – Income-Producing Multi-Family Property with Future Expansion Potential! Located in the highly desirable Henshaw Creek Subdivision, one of Tyler’s newest residential developments just off Old Jacksonville near Three Lakes Middle School, this exceptional commercial property offers both strong current rental income and room for future growth. The… Read More property currently features four completed triplex buildings with 11 fully leased units, providing consistent cash flow. Rental rates range from $1,850 to $2,195 per unit. The unit mix includes two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units, all designed with modern layouts and attractive finishes that appeal to today’s tenants. Residents also enjoy access to nearby walking and biking trails along with scenic ponds, adding to the lifestyle appeal and long-term desirability of the property. With immediate income and the potential for continued development, this property offers an excellent opportunity for investors looking to secure a high-performing asset in one of Tyler’s most promising areas. Schedule your showing today to explore the possibilities this unique investment has to offer. Read Less
Courtesy of Keller Williams Realty-Tyler, Kayla Riggs.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Triplex
Beds
34
Full Baths
24
Lot Size
1.8 Acres
Year Built
2023
MLS Number
21200719
Additional Details
Appliances & Equipment
Dishwasher, GasRange, Microwave, Refrigerator
Building
Built in 2023, Construction materials: Brick, Levels: One, 4 buildings, 1, Toal building area: 17065
Cooling
CentralAir, Electric
Fence
BackYard, Fenced
Floors
Vinyl
Garage
2 garage spaces
Heating
Central, Electric
Income
Gross income: $291,240, Net operating income: $189,178
Interior Features
DecorativeDesignerLightingFixtures, OpenFloorplan
Lot
1.796 acres, 78,234 sqft
Parking
24 covered spaces, 24 total parkings, Concrete, Driveway, Garage
