3720 Sockwell Blvd Unit 1, Greenville, TX 75401

$649,900

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List Price
$649,900
Status
ACTIVE
Price Change
▼ $50,000 1783725059
MLS#
21181103
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1975
Lot Size
26,005
Acres
0.60
Subdivision
Graham Park Add

Property Description

**Significant Price Reduction!** Don't miss this rare opportunity to acquire a fully occupied 10-unit multifamily asset in the rapidly growing Greenville, TX market. The seller has implemented an aggressive price reduction, creating an exceptional opportunity to purchase a stabilized investment property at an attractive price. The property is being offered **AS-IS**, making it an excellent opportunity for investors seeking long-term value and upside potential. The property features a diverse unit mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a separate 2-unit carriage house. Interior renovations were completed in 2021, and the current owner has invested over $80,000 in additional capital improvements, contributing to the property's overall condition and tenant appeal. Professionally managed and fully occupied, this asset offers a seamless transition for new ownership with stabilized occupancy already in place. Ideally located directly across from a well-maintained public park, the property benefits from strong tenant appeal and continued demand in one of North Texas' growing markets. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an outstanding opportunity to acquire a well-maintained multifamily property with immediate income and future appreciation potential. Schedule your private tour today. Please do not disturb tenants. All showings require an executed contract or approval from the listing agent. No showings prior to executed contract. Please do not disturb tenants.

Additional Information

Taxes
$14,133
Flooring
Other
Heating
Central
Air Conditioning
Central Air
Roof
Composition
Foundation
Pillar/Post/Pier
Parking Features
Common, On Street

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Calculator source: Real Geeks

Listing courtesy of Greg Parks from Milestone Premier Properties. Contact: 903-462-0282