For Sale
101 N Pecan Street, Leonard, Texas 75452
Overview
Property ID: 2810080
- Residential Income
- 7
- 5
- 2700.00
- 1982
Description
This property is a 5 Unit Apartment Complex in a great part of Leonard Texas. This property is an investor special! The projected after repair value per a formal appraisal conducted in May of 2022, is $420,000. This property is fire damaged and will need significant remodel work. Unit Mix: 3 Units are 1 bed-1bath units at 500sqft each with an average rental rate per comps of $744 per unit as of May 2022. 2 Units are 2 bed-1 bath at 600sqft each with an average rental rate per comps at $908 per unit as of May 2022. The total net rentable area of this complex is 2700sqft. This is a great equity and cashflow opportunity for the investor that wants to take on a large project. Schedule your viewing today!
Address
Open on Google Maps- Address 101 N Pecan Street
- City Leonard
- State/county Texas
- Zip/Postal Code 75452
- Area Rockwell Add 02
- Country United States
Details
Updated on August 3, 2023 at 7:56 am- Property ID: 2810080
- Price: $125,000
- Property Size: 2700.00 Sqft
- Land Area: 0.1610 Acres
- Bedrooms: 7
- Bathrooms: 5
- Year Built: 1982
- Property Type: Residential Income
- Property Status: For Sale
- MLS#: 20341616
- Office Name: EXP REALTY LLC
- Agent Name: Spencer Mcduffy
- MLS Status: Active
Additional details
- Listing Terms: Cash,Conventional
- School District: Leonard ISD
- Roof: Other
- Utilities: City Sewer,City Water
- Cooling: None
- Heating: None
- Flooring: Other
- County: Fannin
- Property SubType: Multi Family
- Parking: Open
- Elementary School: Leonard
- High School: Leonard
Features
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Monthly
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Epique Realty
