429 Johnson Street

Longview, TX 75602
$1,150,000
32 beds | 24 baths | 1.03 acres | #20513984

Description

24 unit multi-family available in Longview! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.2 million! *Owner is exiting this territory due to proximity from corporate office in Plano*

  • Property Details
      • Interior:Cable TV Available, High Speed Internet Available, Other
      • Bedrooms:32
      • Bathrooms:24
      • Full Baths:24
      • Acres:1.0340
      • Property type:Multi-Family
      • Year built:1974
      • Foundation:Slab
      • Utility features:City Sewer, City Water
      • Subdivision:Rollins School
      • School district:Longview ISD
      • Elementary School:Bramlette
      • County:Gregg
      • MLS #:20513984
      • Cost:1150000
      • Property subtype:Apartment
      • MLS #:20513984

Location

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10.0%

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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