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    216 & 216D E. First St.

    Hughes Springs, TX 75656
    • $200,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 20203633
    UPDATED: 10 min ago
    $200,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1906
    County:

    School Ratings & Info

    Description

    Beautiful downtown storefront. Upstairs has two apartments, downstairs has one retail and one office. The NOI is $18,200 making the Cap Rate a little less than 10%. One apartment is coming vacant. Buyer could live in or rent. Apartments remodeled and really nice.

    Monthly Payment Calculator

    ©2020 Longview Area Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals - The Burks Team. Data last updated: 2020-11-28T20:22:17.873.
    www.longviewhousehunters.com/homes/108020118
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    216 & 216D E. First St. Hughes Springs, TX 75656

    • Price: $200,000
    • Status: Active
    • Updated: 10 min ago
    • MLS #: 20203633
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1906
    Built
    Neighborhood:
    Hughes-Springs Isd
    County:
    Cass
    Area:
    Hughes-Springs Isd
    Property Description
    Beautiful downtown storefront. Upstairs has two apartments, downstairs has one retail and one office. The NOI is $18,200 making the Cap Rate a little less than 10%. One apartment is coming vacant. Buyer could live in or rent. Apartments remodeled and really nice.
    Exterior Features

    Construction Brick Construction1 Brick Lot Size .08 Road Frontage City Stree Road Parking City StreetPavedPaved AlleyPaved Parking Roof Flat Roof

    Interior Features

    Gross Sq Ft 4600 Percent Office 2

    Property Features

    Anchor Tenant Tee Shirt Availability Sell Commercial Type Apartment Data Individual Electric MeterLandlord Pays InsuranceLandlord Pays TaxOwner ManagementTenant Pays Electric Electric Utilities Aep Foreclosure Or Bank Owned No Gas Utilities Entergy Gross Income 18000 Percent Leased 1001 Percent Occupied 100 Possession At Closing Present Use Retail Rail No Rented Sq Ft 4600 Utilities Cable TvCity ElectricCity SewerCity WaterNatural GasOverhead UtilitiesThree Phase Water Utilities City Will Sell CashConventionalOwner Carry 1st

    Listing provided courtesy of United Country Walker Realty & Auction.
    ©2020 Longview Area Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals - The Burks Team. Data last updated: 2020-11-28T20:22:17.873.
     
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