316 W 7th St Unit 100-124, Mt Pleasant, TX 75455

$2,600,000

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List Price
$2,600,000
Price Change
▼ $100,000 1782521922
MLS#
20921279
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1965
Acres
1.14
County
Titus
City
Mt Pleasant
Subdivision
Mt Pleasant City Blocks

Property Description

Prime Income-Producing Multifamily Property in Downtown Mount Pleasant Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income

Additional Information

Unexempt Taxes
$16,054
Tenant Pays
Electricity, TrashCollection, Water
Lot Size
49,484
Lot Description
Cleared
Flooring
Tile
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Common
Proposed Use
Other
Inclusions
Building Only, Business
Possession
CloseOfEscrow
Community Features
Community Mailbox, Curbs, Sidewalks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Dennys Gonzalez from Texas Legacy Realty. Contact: