1425 Groesbeck Street new Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $195
Subdivision S6200 South Side Addition
MLS Listing ID 20975651
Bedrooms 9
Full Baths 3
HOA Y/N None
Total Fin. Sqft 3580
Year Built 1930
Annual Tax Amount $10,162
Lot Size 0.910 Acres
Acres 0.91
Property Sub-Type Multiple Single Units
Property Description
Investor opportunity: Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!
Location
State TX
County Erath
Direction GPS Friendly
Interior
Interior Features Cable TV Available,Eat-in Kitchen,High Speed Internet Available
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Laminate,Tile,Wood
Appliance Dishwasher,Disposal,Electric Range,Electric Water Heater,Gas Water Heater
Heat Source Central,Electric
Exterior
Exterior Feature Covered Patio/Porch,Fire Pit,Storage
Fence Chain Link,Privacy,Wood
Utilities Available City Sewer,City Water,Concrete,Curbs
Roof Type Composition,Metal
Garage No
Building
Lot Description Few Trees,Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Chamberlai
High Schools Stephenvil
School District Stephenville Isd
Others
Ownership 1425 Groesbeck, LLC
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20975651