3615 Hazel St Unit 3601, Texarkana, TX, TX 75503

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Sold Price
$?
List Price
$1,650,000
Closing Date
Nov 07, 2024
MLS#
20714858
Status
CLOSED
Type
Condo
Subtype
ResidentialIncome
Year Built
1976
Construction Status
Preowned
Bedrooms
42
Acres
2.05
County
Bowie
City
Texarkana
Subdivision
Rochelle Heights
Building Name
Northgate Square

Property Description

Northgate Square in Texarkana is a a great investment to add to your portfolio! 100% occupied! This 16-unit multifamily complex consists of 8 well-maintained duplexes, each offering covered parking, providing both convenience and added value for tenants. The property features a mix of 2-bedroom and 3-bedroom units, catering to a wide range of tenant preferences. This diversity enhances your rental income potential and ensures a steady stream of occupancy. The current owner has taken great strides to enhance the property’s overall appeal and value. Major improvements include multiple new roofs, total remodels of units as they became vacant, and the installation of multiple new HVAC systems. The seller invested alot of time and effort into getting the property to where it is, they have consistently been bumping rents to bring to market rates, and remodeling units as needed. Still room for more value add with the right ownership and plan in place!

Additional Information

Unexempt Taxes
$22,258
Amenities
Fireplace
Lot Size
89,298
Acres
2.05
Lot Description
Cleared, Corner Lot, Irregular Lot, Level, Few Trees
Interior Features
Other
Foundation
Slab
Roof
Composition, Flat, Mixed, Shingle
Pool Features
None
Fireplace Type
Living Room
Parking Garage
Attached, Assigned, Paved, Covered, Detached, Other, Shared Driveway
School District
Texarkana Isd
Elementary School
Springlkpk
Middle School
Texas
High School
Texas
Possession
CloseOfEscrow, SubjectToTenantRights
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Bryson Swiggart from Compass RE Texas , LLC. Contact: 817-832-4273

Selling Office: NON MLS.

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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