$725,000
For Sale

2002 Washington Street

Commerce, TX 75428
16 beds | 8 baths | 0.41 acres | #20589290
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Exciting investment opportunity in a bustling college town! This 8-plex apartment complex, conveniently located near Texas A&M Commerce, features eight 2-bedroom, 1-bath units. Half of the units have been beautifully remodeled, boasting luxurious granite countertops and durable LVP flooring, adding a touch of elegance and ease of maintenance. Each apartment caters to a steady demand from university students and faculty, ensuring consistent rental income. Ideal for savvy investors seeking a property with attractive upgrades and stable tenant appeal. Don't miss out on this prime real estate opportunity!

  • Property Details
      • Utility FeaturesAll Weather Road, City Sewer, City Water, Electricity Connected, Overhead Utilities
      • InteriorCable TV Available, Granite Counters, Open Floorplan
      • SubdivisionOrig Town Of Commerce
      • Property TypeMulti-Family
      • School DistrictCommerce ISD
      • Property SubtypeApartment
      • Elementary SchoolCommerce
      • MLS #20589290
      • MLS #20589290
      • Acres0.4140
      • Cost725000
      • Year Built1976
      • FoundationSlab
      • CountyHunt
      • Buying Agency Compensation2.5
      • Bedrooms16
      • Bathrooms8
      • Full Baths8

Location

Housed Real Estate + RelocationHoused Real Estate + Relocation
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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