429 Johnson Street Save Request In-Person Tour Request Virtual Tour
Longview,TX 75602
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision Rollins School
MLS Listing ID 20513984
Bedrooms 32
Full Baths 24
Year Built 1974
Annual Tax Amount $13,452
Lot Size 1.034 Acres
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*
Location
State TX
County Gregg
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Other
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding,Wood
Schools
Elementary Schools Bramlette
Middle Schools Forrest Park
High Schools Longview
School District Longview Isd
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other