2002 Washington Street, Commerce, Texas 75428

$850,000
16
BD
List Price
$850,000
MLS#
20589290
Status
ACTIVE
Type
Multifamily
Year Built
1976
Bedrooms
16
Acres
0.41
County
Hunt
City
Commerce
Subdivision
Orig Town Of Commerce
Building Name
Wasington St Apartments

Property Description

Exciting investment opportunity in a bustling college town! This 8-plex apartment complex, conveniently located near Texas A&M Commerce, features eight 2-bedroom, 1-bath units. Half of the units have been beautifully remodeled, boasting luxurious granite countertops and durable LVP flooring, adding a touch of elegance and ease of maintenance. Each apartment caters to a steady demand from university students and faculty, ensuring consistent rental income. Ideal for savvy investors seeking a property with attractive upgrades and stable tenant appeal. Don't miss out on this prime real estate opportunity!

Additional Information

Unexempt Taxes
$12,424
HOA
No HOA
Gross Annual Income
69500
Lot Size
18,033
Subdivided
No
Interior Features
Cable TV Available, Granite Counters, Open Floorplan
Flooring
Luxury Vinyl Plank
Foundation
Slab
Roof
Shake
Stories
1
Street Utilities
All Weather Road, City Sewer, City Water, Electricity Connected, Overhead Utilities
Heating Cooling
Central, Electric
Construction Material
Brick
Parking Garage
Common, On Site, Parking Lot
Total Num Parking
10
School District
Commerce Isd
Elementary School
Commerce
Middle School
Commerce
High School
Commerce
Building Sq. Ft.
6720
Number of bldgs.
2
Number of units
8
Tenancy
Over 9 Months
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ashley Hammons from AT Home Texas Real Estate. Contact: 903-454-2824