311 W Franklin Street

Alvord, TX 76225
$499,000

Description

Welcome to this versatile income producing property with a rich history. Located in Alvord, TX., this property offers an incredible opportunity for entrepreneurs and business owners seeking a great location for their venture. The apartments feature A cozy 2 bed, 1 bath unit with a contemporary kitchen, spacious living area, and well-appointed bedrooms, and the larger 3 bed 2 bath unit has an updated kitchen. Currently, both units are leased out, generating a steady stream of income, and an excellent opportunity to build equity and wealth. Also, formerly a successful hair salon, the layout of the commercial space is adaptable for various business types. It is situated in a high-traffic area, ensuring maximum visibility and foot traffic. Whether it's a salon, boutique, or office space, this property is ready to accommodate your vision.

  • Property Details
      • Interior:Built-in Features, Decorative Lighting, Other
      • Acres:0.3210
      • Property type:Multi-Family
      • Year built:1941
      • Foundation:Slab
      • Utility features:All Weather Road, City Sewer, City Water
      • Subdivision:Original Alvord
      • School district:Alvord ISD
      • Elementary School:Alvord
      • County:Wise
      • Buying Agency Compensation:3%
      • MLS #:20488145
      • Cost:499000
      • Property subtype:Duplex
      • MLS #:20488145

Location

Brenda MancilBrenda Mancil REALTOR®
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years

Down Payment

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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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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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