1200 N Fourth St |
|
| Price: | $2,199,000 |
| Property Type: | multi-family |
| MLS #: | 25009522 |
| 66 UNIT APARTMENT COMPLEX LOCATED IN GREAT LOCATION IN THE HEART OF LONGVIEW BETWEEN THE 2 HOSPITALS. ALL NEW ROOFS 4 YEARS AGO, ALL NEW WINDOWS IN LAST 3 MONTHS, ALMOST HALF HAVE BRAND NEW "PTAC A/C / HEAT UNITS" , MULTIPLE UNITS HAVE HAD RENOVATIONS. PRICED OVER 1 MILLION DOLLARS BELOW CURRENT TAX APPRAISAL. ROAD FRONTAGE ON ALL 4 SIDES WITH OVER 1.3 ACRES. ALMOST 40,000 SQFT WITH 2 - 2 STORY BUILDINGS, ON SITE LAUNDRY FACILITY AND WORKSHOP AREA. 8 EFFECIENCY, 4 2 BR 2BATH, 9 2 BR 1 BATH AND 45 1 BR 1 BATH. ONE OF THE ONLY "ALL BILLS PAID" IN THE AREA. LARGE OPEN COURTYARD IN THE CENTER OF THE PROPERTY WITH COMMON AREA. NOTE!!!! THERE ARE ONLY 14 UNITS OCCUPIED DUE TO ONGOING REPAIRS AND RENOVATION. THIS IS A BANK FORECLOSURE AND NO T-12 OR PASTRENTAL HISTORY AVAILABLE. SALE IS BASED ON PROFORMA AND FUTURE VALUE WHEN FULLY OCCUPIED. ALL OFFERS MUST BE SUBMITTED ON PROPOFFERS.COM. | |
| Area: | Gregg |
| Year Built: | 1961 |
| Bedrooms: | Studio |
| Bathrooms: | One |
| Acres: | 1.314 |
| CONSTRUCTION : | Brick Veneer |
| COOLING : | Central Electric |
| COOLING : | Other/See Remarks |
| INTERIOR : | Ceiling Fan |
| INTERIOR : | Blinds |
| KITCHEN EQUIPMENT : | Range/Oven-Electric |
| KITCHEN EQUIPMENT : | Dishwasher |
| KITCHEN EQUIPMENT : | Refrigerator |
| FLOORING : | Carpet |
| FLOORING : | Vinyl |
| FENCING : | None |
