Sales Price: $1,000,000
- Year Built: 0
- City Tax: $700
- County Tax: $2,000
- Lot Size: 0.50 acre(s)
- Finished Area: 10,000 ft²
- Unfinished: 0 ft²
- Total Area: 10,000 ft²
- Heating: Heat Pump
- Cooling: Heat Pump
- Water / Sewage: Public
Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment
Lot Dimensions: See acreage
Community: Wise County, , Subdivision, Zoned COMMERCIAL
Schools: Elementary, Middle, High
Interior Features:
Exterior Features:
Roof: Metal, See Remarks, Shingle Exterior Finish: Brick, See Remarks, Vinyl Siding