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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Division Lxiv
MLS Listing ID 20245156
Sold Date 03/04/24
Bedrooms 12
Full Baths 8
HOA Y/N None
Total Fin. Sqft 6044
Year Built 1982
Annual Tax Amount $3,965
Lot Size 0.420 Acres
Acres 0.42
Property Description
CALLING ALL INVESTORS Affordable apartment complex. Turn KEY! 8 total units: 4 are 2 Bed 1Bath;4 are 1Bed 1Bath. Over $100,000 in renovations including all new siding paint and brand new windows throughout. Property is now set up to be a great income producer for years to come! The 0.4 acres also has room to add to the complex! Utilities Water and Trash are included in the monthly, Gas is charged in addition but paid by management company Electricity is tenants sole responsibility. Property would make a great addition to established real estate portfolio or perfect entry point for first time investor.
Location
State TX
County Limestone
Direction GPS to location. The apartment complex is across the street from the Mexia ISD admin building
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Appliance Electric Range
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter
Roof Type Composition
Garage No
Building
Lot Description Few Trees
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Concrete,Frame,Siding
Schools
Elementary Schools Mcbay
High Schools Mexia
School District Mexia Isd
Others
Ownership GMTA PROPERTIES LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Brian Stevens • Legacy Realty Group
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