1309 Park St, Commerce, TX 75428

$125,000
7
BD
4
BA
3,000
SqFt

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List Price
$125,000
Price Change
▼ $14,000 1780941024
MLS#
21280035
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1940
Bedrooms
7
Bathrooms
4
Acres
0.43
Living Area
3,000
County
Hunt
City
Commerce
Subdivision
Orig Town Of Commerce
Building Name
Na

Property Description

Investor special in the heart of rapidly growing Commerce, TX. This approximately 3,000 sq ft 4-plex features one 3 bed, 1 bath unit and three 1 bed, 1 bath units. The property has been completely gutted to the studs and will require a full renovation, making it unsuitable for conventional financing. Located near East Texas A&M University and within an area experiencing major redevelopment and revitalization, this property offers exceptional upside potential. Whether you choose to renovate the existing structure or start fresh with new development, the opportunity is there. Perfect for investors, builders, or developers looking to capitalize on the growth and transformation happening throughout Commerce.

Additional Information

Unexempt Taxes
$4,111
Lot Size
18,687
Interior Features
Other
Flooring
Other
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Pool Features
None
Parking Garage
Driveway
School District
Commerce Isd
Elementary School
Commerce
Middle School
Commerce
High School
Commerce
Possession
CloseOfEscrow

Mortgage Calculator

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

Listing courtesy of Ted Laramore from eXp Realty, LLC. Contact: 940-735-2830