$130,000
For more information regarding the value of a property, please contact us for a free consultation.
3,014 SqFt
SOLD DATE : 09/20/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,014 sqft
Price per Sqft $46
MLS Listing ID 554812
Sold Date 09/20/24
Style Craftsman,Traditional
HOA Y/N No
Year Built 1913
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Motivated Seller! Bring all offers! Unlock the potential of this unique historic property, perfectly poised for your vision. This fourplex is a blank slate, with framing and plumbing rough-in complete, just waiting for your final designs and selections. Renewable permits with the City of Temple, and the property is zoned CA, allowing for multifamily use. Fire sprinkler system installed, just awaiting exterior punch out.
This charming property, situated on a corner lot, features one two-bedroom unit and three one-bedroom units. Units A and B will each have the convenience of private in-unit laundry, while Units B and C will share a designated indoor laundry space. With projected rent total conservatively estimated at $4,000 per month, this is a promising investment opportunity.
The timeline for construction completion is 6-8 months, ideal for those ready to move swiftly. The property is available for cash buyers only.
Located just two blocks from downtown Temple, you’ll be in the heart of a vibrant area with a growing multi-use development scene and an array of local dining options. The property benefits from the Beautify Temple program, which incentivizes infill development, adding further appeal to this investment.
On-site parking is ample, with a driveway off E Downs Ave accommodating up to 4 cars and another entrance off N 4th Street providing space for 2 additional cars. Units B and C, situated on the second level, have a separate entrance, while Units A and B are accessible from an expansive front porch.
Features include tall ceilings on the ground floor, 3 separate water, gas, and electric meters (Units C+D on combined meters), and the availability of gas, already run to the home. Plans include private kitchens, dining areas, and living spaces for each unit, with large closets in all bedrooms. Unit A is plumbed for a double vanity.
With serious sellers motivated to move this property, now is the perfect time to seize this opportunity!
Location
State TX
County Bell
Community Sidewalks
Zoning CA
Interior
Interior Features None, Walk-In Closet(s), Other, See Remarks
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Appliance Other, See Remarks
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Exterior Feature Porch
Fence Chain Link, Perimeter, Wood
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Separate Meters, Trash Collection Public
View Y/N No
Water Access Desc Not Connected (at lot),Multiple Meters,Public,Other,See Remarks
View None
Roof Type Composition,Shingle
Accessibility None
Porch Covered, Porch
Building
Lot Description City Lot, < 1/4 Acre
Faces East
Entry Level Two
Foundation Pillar/Post/Pier
Sewer Not Connected (at lot), Public Sewer, Other, See Remarks
Water Not Connected (at lot), Multiple Meters, Public, Other, See Remarks
Architectural Style Craftsman, Traditional
Level or Stories Two
Schools
Elementary Schools Jefferson Elementary
Middle Schools Lamar Middle School
High Schools Temple High School
School District Temple Isd
Others
Tax ID 104282
Security Features Fire Sprinkler System
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Short Sale
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Josiah Cammer • New Western Acquisitions
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "