Tyler, TX 75709 11394 FM 2661

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Presented By: Luis Miranda at Miller Homes Group;
  • MLS# 24012107
  • 08/29/2024
  • Request Tour
  • Request Info
  • SQFT • 4,070

Home Details

Fantastic investment opportunity in fast growing Tyler TX with a 14.43% cap rate! This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6,000 a month, which is $72,000 a year! You could rent it all, or you could just rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that produces passive income and it’s outside the city limits but just 7 miles away from any necessities you may have like Supermarkets, Malls, Services, Banks, Franchises, Parks, Schools and many more! Don't miss this one, call and schedule your showing today!
Presented By: Luis Miranda at Miller Homes Group;

General for 11394 FM 2661

AreaSmith
ClassCOMMERCIAL BUILDING/LAND
ConstructionWood/ Frame, Shingles
Number of Buildings1
StatusActive
SubdivisionTX
Year Built1900
ZoningOther/See Remarks

Exterior for 11394 FM 2661

Lot Size Area1
WaterfrontNo

Additional Details

Price History

Mec Cheney

Realtor
Price $499,000
MLS#24012107
List Date 08/29/2024
Property Type Commercial
Phone 903.570.7479
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Request Info
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