617 N 7TH STREET, SULPHUR SPRINGS, TX 77520
Homes for sale in Sulphur Springs.
Homes for sale in 77520.
List Price$374,000
617 N 7th Street
Sulphur Springs, TX 77520
Listing #21340727
About This Property
Exceptional commercial investment opportunity just minutes from downtown Sulphur Springs! Situated on 0.94 acres, this versatile property offers multiple streams of income with endless possibilities for investors or owner-operators. Lease the existing units for immediate rental income or utilize them for your own business. The property features a three-bay shop with water and electricity, ideal for a wide variety of commercial uses, along with a three-bay awning for additional covered workspace or storage. Residential income includes two separate apartments--one 1-bedroom, 1-bath unit and one 2-bedroom, 1.5-bath unit. Additional income-producing features include 10 storage units and 1 RV rental space. Whether you're looking to expand your investment portfolio, operate your business on-site, or develop the property further, this unique commercial property offers flexibility, functionality, and excellent income potential in a prime location near downtown.
Property Features
Location Information
County
Hopkins
Subdivision
None
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Electric
Tenant Pays
All Utilities
Cooling
Multi Units
Total Number of Units
5
Exterior Features
Construction
Block, Metal Siding
Lot Size in Sq. Ft.
40,946
Foundation
Slab
Possible Best Use
Automotive, Industrial, Off
Roof
Composition, Metal
Zoning
Heavy Commercial, Partial Light Industrial, Partia
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
2,390
Parking Description
Additional Parking, Common, Driveway, RV Access/Parking
Road Description
City Street
Lot Size in Acres
0.94
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
2693.0
Property SubType
Business
Lot Acres Source
Public Records
Year Built
1960
Similar Listings
Mortgage Calculator
$1,745
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,347
Monthly Tax
$311
Monthly Insurance
$87
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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