2002 Washington Street

Commerce, TX 75428
$725,000
16 beds | 8 baths | 0.41 acres | #20589290

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
      • Interior:Cable TV Available, Granite Counters, Open Floorplan
      • Bedrooms:16
      • Bathrooms:8
      • Full Baths:8
      • Acres:0.4140
      • Property type:Multi-Family
      • Year built:1976
      • Foundation:Slab
      • Utility features:All Weather Road, City Sewer, City Water, Electricity Connected, Overhead Utilities
      • Subdivision:Orig Town Of Commerce
      • School district:Commerce ISD
      • Elementary School:Commerce
      • County:Hunt
      • Buying Agency Compensation:2.5
      • MLS #:20589290
      • Cost:725000
      • Property subtype:Apartment
      • MLS #:20589290

Location

Brenda MancilBrenda Mancil REALTOR®
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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