408 Live Oak St St, Marlin, TX, TX 76661

$219,900

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List Price
$219,900
Price Change
▲ $44,900 1784006808
MLS#
21295394
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Construction Status
Preowned
Acres
0.46
County
Falls
City
Marlin
Subdivision
Oakes
Building Name
N/A

Property Description

Don’t miss this income producing commercial property featuring three garage apartment units (approximately 420 SF each), currently leased and generating rental income. Situated on a generous 0.43-acre tract, this property offers significant upside with the ability to add two additional units and ample space for future development, including additional rental units or a commercial building. Whether you’re looking to expand your rental portfolio or capitalize on future development opportunities, this property delivers both immediate cash flow and long-term growth potential. Even better, it can be purchased individually, packaged with five additional investment properties, or combined with the neighboring income-producing barbershop and residential home for an even larger investment opportunity.

Additional Information

Unexempt Taxes
$4,682
Lot Size
20,037
Acres
0.46
Interior Features
Open Floor Plan, Other
Flooring
Carpet, Tile
Foundation
Slab
Roof
Metal
Stories
1
Pool Features
None
Parking Garage
None, On Site, Open, Unpaved
School District
Marlin Isd
Elementary School
Marlin
Middle School
Marlin
High School
Marlin
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Mercedes Lane from Agents Of Texas, LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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