Investment opportunities like this don't come along often! Ideally situated on Avenue E in Haskell, this outstanding income-producing apartment complex offers exceptional cash flow potential in a highly desirable location. The property currently consists of five or six well-appointed apartment units, each featuring central HVAC, updated paint and flooring, and low-maintenance living. The exterior has been thoughtfully maintained and offers covered parking, a fenced yard, and attractive curb appeal, making it an appealing option for long-term tenants.
Beyond its current success as a fully leased rental property, this versatile investment offers tremendous future possibilities. The layout could easily be reconfigured into five residential apartments with one dedicated commercial office space, providing additional flexibility for an investor looking to maximize returns. Whether you choose to continue operating the property as a successful apartment complex or explore its mixed-use potential, the opportunities are virtually limitless.
Please note: This property is being offered only as part of a package sale with the adjoining residence located at 703 North Avenue E, an immaculate home that is contiguous to the apartment complex. Together, these properties create a rare investment package combining dependable rental income with an exceptional residential property. Schedule your private tour today and discover the potential this unique offering has to offer.
Property Details
- Interior
- Built In Features, Eat In Kitchen, High Speed Internet, Open Floorplan, Cable Tv
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air, Ceiling Fans
- Bedrooms
- 12
- Bathrooms
- 6.0
- Full Baths
- 6
- Lot Features
- Corner Lot, Landscaped, Few Trees
- Lot Description
- Corner Lot, Landscaped, Few Trees
- Acres
- 0.0
- Square Feet
- 5966.0
- Lot Size (sqft)
- 0.456
- Parking Features
- Additional Parking, Carport, On Site, Open, Off Street
- Parking Type
- Carport
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 4.0
- Property Type
- Purchase
- Style
- Ranch
- Property Subtype Additional
- Condominium
- Year Built
- 1963
- Foundation
- Slab
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Natural Gas Available, Municipal Utilities, Overhead Utilities, Sewer Available, Water Available, Cable A
- Appliances
- Electric Range, Microwave, Refrigerator
- Subdivision
- Baldwin #1 - Ol 79 Haskell
- Community Features
- Curbs
- School District
- Haskell CISD
- Elementary School
- Haskell
- Middle School
- Haskell
- High School
- Haskell
- County
- Haskell
- Region
- Haskell
- Days on Market (Cumulative)
- 52
- Taxes Annual
- $4,339
Location
Legal
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Provided By
Listed by Megan Cox (#0613048)
Listing Office: Rike Real Estate, LLC (#RIKEAB)
