Tyler, TX 75709 11394 FM 2661
$499,000
20 more
Presented By: Luis Miranda at Miller Homes Group;
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 itâs 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