$1,500,000
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601 County Road 3721 Athens, TX 75752
2 Beds
1 Bath
1.03 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20759245
Sold Date 12/12/24
Bedrooms 2
Full Baths 1
HOA Y/N None
Total Fin. Sqft 19696
Year Built 1982
Lot Size 1.029 Acres
Acres 1.029
Property Description
SELLER SAYS SELL!! Bank recently appraised for $1,645,000. Remodeled, rehabbed property being sold as-is. There are four two-story buildings with a total of 22 (2 bedroom 1 bath) units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package.
The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.
Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19.
BRING ALL OFFERS!! Please do not disturb tenants.
Buyer to verify schools.
Location
State TX
County Henderson
Direction From Hwy. 175 East to Athens, turn left onto Loop 7. Exit Hwy. 19 North and turn left to go under the Loop. The complex is on the right. No sign.
Interior
Interior Features Multiple Staircases
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank, Vinyl
Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Rain Gutters
Utilities Available All Weather Road, Master Water Meter, Outside City Limits, Overhead Utilities, Septic
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Few Trees, Lrg. Backyard Grass
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding
Schools
Elementary Schools Central Athens
Middle Schools Athens
High Schools Athens
School District Athens Isd
Others
Ownership BSA LLC
Financing Conventional
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Bought with Orr Hernandez • Centurion Real Estate - Texas