111 S 33rd ST Temple, TX 76504
10,500 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $35
Subdivision Temple Heights
MLS Listing ID 609158
Construction Status Resale
HOA Y/N No
Year Built 1948
Lot Size 3,789 Sqft
Acres 0.087
Property Sub-Type Townhouse
Property Description
Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT – PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX!
Don't wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won't sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!
Location
State TX
County Bell
Interior
Interior Features Multiple Closets, See Remarks, Eat-in Kitchen
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Fireplaces Type Other, See Remarks
Fireplace No
Appliance Other, See Remarks
Laundry Inside, Laundry Room
Exterior
Fence Chain Link
Pool None
Utilities Available Water Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility Other, See Remarks, Accessible Doors
Building
Lot Description City Lot, Other, See Remarks
Dwelling Type Townhouse
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Resale
Schools
School District Temple Isd
Others
Tax ID 118896
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
