Investment opportunities like this don't come along often! Ideally situated on Avenue E in Haskell, this outstanding income-producing apartment complex offers exceptional cash flow potential in a highly desirable location. The property currently consists of five or six well-appointed apartment units, each featuring central HVAC, updated paint and flooring, and low-maintenance living. The exterior has been thoughtfully maintained and offers covered parking, a fenced yard, and attractive curb appeal, making it an appealing option for long-term tenants.
Beyond its current success as a fully leased rental property, this versatile investment offers tremendous future possibilities. The layout could easily be reconfigured into five residential apartments with one dedicated commercial office space, providing additional flexibility for an investor looking to maximize returns. Whether you choose to continue operating the property as a successful apartment complex or explore its mixed-use potential, the opportunities are virtually limitless.
Please note: This property is being offered only as part of a package sale with the adjoining residence located at 703 North Avenue E, an immaculate home that is contiguous to the apartment complex. Together, these properties create a rare investment package combining dependable rental income with an exceptional residential property. Schedule your private tour today and discover the potential this unique offering has to offer.
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Zillow last checked:
Listing updated:
Listed by:
Megan Cox0613048940-864-2411,
Rike Real Estate, LLC940-864-2411
Source: NTREIS,MLS#: 21322860
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6
Primary bedroom
Level: First
Dimensions: 0 x 0
Primary bedroom
Level: First
Dimensions: 0 x 0
Primary bedroom
Level: First
Dimensions: 0 x 0
Primary bedroom
Level: First
Dimensions: 0 x 0
Primary bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Bedroom
Level: First
Dimensions: 0 x 0
Primary bathroom
Level: First
Dimensions: 0 x 0
Kitchen
Level: First
Dimensions: 0 x 0
Living room
Level: First
Dimensions: 0 x 0
Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Appliances
Included: Electric Range, Microwave, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Hall, In Kitchen, Stacked
Features
Built-in Features, Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV
Parking features: Additional Parking, Carport, On Site, Open, Off Street
Carport spaces: 4
Has uncovered spaces: Yes
Accessibility
Accessibility features: Accessible Full Bath, Accessible Bedroom, Accessible Doors
Features
Levels: One
Stories: 1
Patio & porch: Front Porch, Covered
Pool features: None
Fencing: Privacy,Wood
Lot
Size: 0.46 Acres
Features: Corner Lot, Landscaped, Few Trees
Details
Parcel number: R03351
Construction
Type & style
Home type: Condo
Architectural style: Ranch
Property subtype: Condominium, Apartment
Attached to another structure: Yes
Materials
Brick
Foundation: Slab
Roof: Composition
Condition
Year built: 1963
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Municipal Utilities, Overhead Utilities, Sewer Available, Water Available, Cable Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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