237 E Culver St, Longview, TX, TX 75602

$239,000
8
BD
7
BA

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List Price
$239,000
Price Change
▼ $11,000 1787794122
MLS#
21352674
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1943
Construction Status
Preowned
Bedrooms
8
Full Baths
7
Acres
0.23
County
Gregg
City
Longview
Subdivision
South Highlands

Property Description

INCOME-PRODUCING RESIDENTIAL PROPERTY Unique Longview Opportunity! Seller Financing Available with $20K Down Exceptional flexibility and cash-flow potential in Longview! Spanning 3,357 sq ft across multiple structures on a mature 0.23-acre lot, this unique property offers an incredible layout for house-hackers, multi-generational living, or seasoned investors looking for established residential income. 10% discount offered for all-cash buyers! Property Highlights: Income Potential: Historically operated with multiple residential living spaces, currently generating ~$5,400 per month in gross rental income ($64,800 annually). Flexible Layout: Ample space across main and auxiliary structures for multi-unit rental configurations or owner-occupant living with income generation. All-Cash Special: 10% discount available for all-cash offers. Financing Terms: Seller financing available with $20,000 down. if seller financing option is selected. Utilities & Parking: Off-street driveway access; full City of Longview water, sewer, electric, and gas utilities. Location: Prime convenience with easy access to the S. Green St. and S. Mobberly Ave. corridors. Seller Support: Seller is willing to provide up to 60 days of post-closing transition assistance for a smooth operational and tenant handoff. Zoning & Usage Disclosure: Property is zoned SF-5 (Single-Family Residential). Buyer to independently verify all permitted uses, non-conforming status, occupancy limits, and zoning compliance with the City of Longview during the inspection period. Financial statements and rent rolls available to qualified buyers upon request. Showing Terms: To minimize tenant disruption, initial showings are strictly limited to the exterior and one designated vacant unit. Access to occupied spaces will be provided upon an accepted purchase contract with standard tenant notice.

Additional Information

Unexempt Taxes
$2,763
Lot Size
10,018
Acres
0.23
Interior Features
Pantry, Walk-In Closet(s)
Flooring
Laminate, Linoleum, Tile
Foundation
Pillar/Post/Pier
Roof
Asphalt, Shingle
Stories
2
Pool Features
None
Parking Garage
Driveway, Off Street, Parking Lot
School District
Longview Isd
Elementary School
Doris Mcqueen
Middle School
Foster
High School
Longview
Possession
CloseOfEscrow

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Yaw Asante from United Real Estate Frisco. Contact: 832-216-7567

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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