1032 GREG STREET #1020, 1024, AZLE, TX 76020

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List Price$1,149,000

1032 Greg Street #1020, 1024

Azle, TX 76020

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Listing #21240203

5,349

Square Feet

5

Number of Units

Commercial

Type

About This Property

FANTASTIC INVESTMENT OPPORTUNITY, the one you've been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don't miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

Property Features

Location Information

County

Parker

Subdivision

T&P Rr Co #7 Surv A 1431p Tr 2

Interior Features

Has Fireplace

No

Floors

Carpet, Combination, Ceramic Tile

Heating

Electric

Tenant Pays

All Utilities

Cooling

Central Air, Ceiling Fan(s), Electric

Total Number of Units

5

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

43,560

Foundation

Slab

Lot Dimensions

210x213.54x210.36x201.31

Roof

Asphalt

Possible Best Use

Other

Utilities

Septic Available, Water Available

Zoning

No Zoning

Parking Description

Driveway, Garage

Building Total Area (Sq. Ft.)

5,349

Has Garage

Yes

Road Description

County Road

Lot Size in Acres

1

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Documents Available

Aerial, Survey

Property SubType

Business

Lot Acres Source

Appraiser

Year Built

1991

Similar Listings

Mortgage Calculator

$5,365

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,140

Monthly Tax

$957

Monthly Insurance

$268

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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