$169,000

307 E College St

Longview TX, 75601

Description

5-Unit Multi-Family Home in great condition located in a desirable and safe neighborhood in Longview, Texas and just minutes from downtown. This property offers 2 units that are two-bedrooms; 2 units are one-bedroom; the stand-alone unit is also a two-bedroom. They are all spacious with an open floor plan. Tenants pay their own utilities. Electric bill averages $90 per month. Water bill averages $50 per month. Each unit has separate meters. Seller pays less than $80 per month for insurance. Great Investment Property-addition to Real Estate Portfolio. Cap Rate estimated at 11.3%. See transaction docs for details.

Details

MLS#14488788
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1943
Days On Site34

Features

SQ Feet2,784
Units5
Building(s)2
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Area Information
StateTX
CountyGregg
CityLongview
Zip Code75601
AreaEAST OF SERVICE AREA (800)
Listing VS Median (in 75601)
Price:
$169,000
low | high
Med:
$119,900
79.05325443787% of Average
SqFt:
2,784
low | high
Med:
1,248
100% of Average
$ / SqFt:
$61
low | high
Med:
$96
8.265817023213% of Average
On Site:
34
low | high
Med:
53
64.150943396226% of Average
Listing Updated: January 21, 2021 8:04:32 PM PST
Ensa Dixson LogoMLS Number: 14488788
Listing Provided By:
Ensa Dixson  of  United Real Estate

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.