Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!
Features
6 bedrooms
2 bathrooms
directions_car4 carspaces
2416 sq. ft. floor area
crop_free29969.28 sq. ft. lot size
cottageMulti-Family
Property history for 1425 Groesbeck St
2018
Sold
Undisclosed
23 Jul 2018 by Tony Lyon, of HAYDEN REAL ESTATE
Happy sellers in Stephenville
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Local market activity for 6 bedroom multi families in Stephenville
Sold
For Sale
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