FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental… Read More stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am. Read Less
Courtesy of Trinity Group Realty, Katy Reeves.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
8
Full Baths
8
Lot Size
1 Acres
Year Built
1991
MLS Number
21237322
Additional Details
Appliances & Equipment
ElectricRange, ElectricWaterHeater
Building
Built in 1991, Construction materials: Brick, Levels: One, 4 buildings, 1, Toal building area: 5349
Cooling
CentralAir, CeilingFans, Electric
Expenses
Insurance: $2,680
Fence
BackYard, Wood
Fireplaces
LivingRoom
Floors
Carpet, Combination, CeramicTile
Garage
7 garage spaces
Heating
Electric
Income
Gross income: $95,460, Net operating income: $75,343
Interior Features
DoubleVanity, WalkInClosets
Lot
1 acre, 43,560 sqft
Parking
7 covered spaces, 8 total parkings, Driveway, Garage
Pool
None
Property
Patio and porch features: Awnings
Roof
Asphalt
Sewer
AerobicSeptic, SepticTank
Utilities
SepticAvailable, WaterAvailable
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
