316 W 7 STREET #100-124, MT PLEASANT, TX 75455
Homes for sale in Mt Pleasant.
Homes for sale in 75455.
List Price$2,600,000
316 W 7 Street #100-124
Mt Pleasant, TX 75455
Listing #20925425
About This Property
Prime Income-Producing Multifamily Property in Downtown Mount Pleasant. Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units--23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy--100% leased and generating consistent income
Property Features
Location Information
County
Titus
Subdivision
Mt Pleasant City Blocks
Interior Features
Interior
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
25
Floors
Ceramic Tile
Has Fireplace
No
Appliances
Dishwasher, Disposal, Refrigerator
Number of Fireplaces
0
Total Number of Units
25
Heating
Central, Electric
Exterior Features
Stories
1
Pool Description
None
Construction
Brick
Lot Description
Landscaped, Sprinkler System
Foundation
Slab
Lot Size in Acres
1.136
Roof
Composition
Lot Size in Sq. Ft.
49,484
Utilities
Sewer Available, Water Available
Buildings
1
Security System
Smoke Detector(s)
Building Total Area (Sq. Ft.)
20,028
Parking Description
On Site, Outside, Parking Lot
Road Description
All Weather Road
Garage Spaces
0
Is One Story
Yes
Fencing
Fenced, Wood
Lot Description
Landscaped, Sprinkler System
Patio / Deck Description
Covered
School
Elementary School District
Mount Pleasant ISD
Jr. High School
Wallace
Elementary School
Annie Sims
High School
Mount Pleasant
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
16054.0
Year Built
1965
Community Features
Laundry Facilities, Curbs
Status
Active
Similar Listings
Mortgage Calculator
$12,141
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,369
Monthly Tax
$2,166
Monthly Insurance
$606
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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