1101 Avenue D

brownwood, TX 76801
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For Sale
Under Contract – P
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9 Bedroom(s)
7 Full & 1 Half Bath(s)
1.23 Lot Acres
Multi-Family - 5 Plus

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Description

This is an interesting property with tons of potential and possibilities. First off there are 7 tiny homes of which 5 are 1 bedroom and 1 bath and 2 are 2 bedrooms with 1 bath. 5 are completely finished and just need to be cleaned up and maybe some minor repairs. 1 unit needs appliances and trim work to be finished, and the last unit is just a shell and needs a buildout inside to be complete. These units are perfect for short term rentals, long term rentals, or fully furnished units for personnel coming in on 3-6 month contracts. 1 bedroom units could easily get $500-700 per month each while 2 bedroom units could $700-850 per month each. That's a total of $3900-5200 per month in rents. PLUS there is plenty of room to add an additional 5-9 units for additional revenue. Next door is the old rock church and it has over 10,000 square feet of space. The building has a good roof and solid rock exterior, but is need of updates and repairs. This space has endless possibilities!!

MLS#
NTREIS-20534524
List Price
$379,000
Listing Status
Under Contract – P
Address
1101 Avenue D
City
State
TX
Zip Code
County
Subdivision
Cleveland Addition
Legal Description
CLEVELAND ADDITION, BLOCK 32 , 33, PART CLOSED ST
Property Type
Multi-Family - 5 Plus
Bedroom
9 Bedroom(s)
Bath
7 Full & 1 Half Bath(s)
Stories
1
Lot Size
1.23 Lot Acres/ASSESSOR

Exterior

Roof
Composition, Metal
Foundation
Block, Pillar/Post/Pier, Slab
Private Pool
No
Exterior Type
Board & Batten Siding, Rock/Stone, Siding
Lot Description
Cleared, Corner Lot, Level
Parking
Additional Parking, Alley Access, Common, Driveway, Gravel, Off Street, On Site, Parking Lot, Private
Fencing
None
Porch
Covered, Front Porch
Utility
Alley, All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, See Remarks
Exterior
Covered Patio/Porch

Interior

Floors
Concrete, Linoleum
Heating
Natural Gas, Space Heater, Wall Furnace
Window
Window Coverings
Appliances
Electric Oven, Electric Water Heater, Microwave, Refrigerator
Interior
Open Floorplan

Lot information

Lot Size
1.23 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 28, 2024 at 09:57 AM
Listing last updated Mar 24, 2024 at 09:47 AM
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1101 Avenue D, brownwood, TX 76801. View photos, map, tax, nearby homes for sale, home values, school info...

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