Commerce, TX 75428,1309 Park Street
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$ 140,000
Est. payment | /mo

6 Beds

4 Baths

0.43 Acres Lot


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$ 140,000
Est. payment | /mo
Save

6 Beds

4 Baths

0.43 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Orig Town Of Commerce

MLS Listing ID 20817100

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 3000

Year Built 1980

Annual Tax Amount $4,111

Lot Size 0.429 Acres

Acres 0.429

Property Description

Located in a rapidly evolving part of town, this 4-plex is a prime opportunity for investors looking to maximize potential. While the interior requires significant renovations, key structural updates—including a new roof and a recently stabilized foundation—offer a solid starting point. The oversized lot provides ample room for expansion, making it an excellent candidate for additional units to boost rental income. Just a short drive from Texas A&M, this property is ideally situated to attract student tenants, ensuring consistent demand. Whether you transform the existing units or capitalize on the developmental potential, this investment holds endless possibilities in a thriving market. Don't miss out on this chance to build something exceptional! Cash, hard money only. This will not qualify for conventional financing.

Location

State TX

County Hunt

Direction See GPS

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Other

Appliance Other

Heat Source Other

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding,Wood

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

School District Commerce Isd

Others

Ownership Agent owned

Acceptable Financing Cash, Owner Will Carry

Listing Terms Cash, Owner Will Carry

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ted Laramore • eXp Realty, LLC

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agent
Nancy Harner

REALTOR® | Lic# 36145

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1309 Park Street