646 & 718 S MAIN STREET, PARIS, TX 75460
Homes for sale in Paris.
Homes for sale in 75460.
List Price$229,000
646 & 718 S Main Street
Paris, TX 75460
Listing #21116272
8,640
Square Feet
Multi-Unit Residential
Type
About This Property
Discover a rare investment opportunity in Paris, Texas just south of downtown--a prime location for anyone seeking fixer-upper properties, value-add rentals, or redevelopment projects. This offering includes two houses with a total of 8,640 square feet sold together for one price, both currently divided into multiple apartment units with varying conditions. Perfect for investors looking for renovation projects, cash-flow potential, or a property to reposition and increase long-term rental income. These properties offer excellent upside for a seasoned investor or a new buyer wanting to build a rental portfolio in Paris, TX. With flexible layouts, the structures can be renovated as multi-unit rentals, converted back to single-family homes, or fully reimagined with a redevelopment plan. The location provides quick access to shopping, dining, and the conveniences of Paris's growing south-side corridor. Investors also have the option to purchase two additional single-family homes, creating an even larger acquisition and expanding the chance to maximize returns across multiple doors. Opportunities like this--multiple units, expansion options, and strong value-add potential--are increasingly hard to find. Properties sold as-is. Investors check out MLS 21115900 and MLS 21116212 for additional opportunities offered by this seller.
Property Features
Location Information
County
Lamar
Subdivision
City Of Paris
Interior Features
Interior
Other
Heating
Central, Electric
Full Baths
0
Cooling
Central Air, Ceiling Fan(s), Electric
Has Fireplace
No
Floors
Other
Number of Fireplaces
0
Total Number of Units
0
Exterior Features
Stories
2
Pool Description
None
Construction
Board & Batten Siding
Lot Size in Acres
0.522
Foundation
Other
Lot Size in Sq. Ft.
22,738
Roof
Other
Buildings
3
Utilities
Electricity Available, Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
8,640
Parking Description
Other
Is One Story
No
School
Elementary School District
Paris ISD
High School
Paris
Elementary School
Justiss
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
3146.0
Status
Pending
Lot Acres Source
Assessor
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$1,068
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$825
Monthly Tax
$190
Monthly Insurance
$53
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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