316 W 7TH 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 7th Street #100-124
Mt Pleasant, TX 75455
Listing #20921279
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
Has Fireplace
No
Floors
Ceramic Tile
Heating
Central, Electric
Tenant Pays
Electricity, Trash Collection, Water
Cooling
Central Air, Ceiling Fan(s), Electric
Total Number of Units
25
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
49,484
Foundation
Slab
Possible Best Use
Other
Roof
Composition
Zoning
Residential
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
20,028
Security System
Fire Sprinkler System, Smoke Detector(s)
Road Description
City Street, All Weather Road
Parking Description
Common
Is One Story
No
Lot Description
Cleared
Lot Description
Cleared
Lot Size in Acres
1.136
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
16054.0
Property SubType
Business
Community Features
Community Mailbox, Curbs, Sidewalks
Year Built
1965
Lot Acres Source
Public Records
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
Real Estate IDX Powered by iHomefinder
