Texarkana, TX 75503,3615 Hazel Street #3601

$1,650,000

Est. payment /mo
Est.Price: ?

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3615 Hazel Street #3601 Texarkana, TX 75503

42 Beds

2.05 Acres Lot

SOLD DATE : 11/07/2024

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Rochelle Heights

MLS Listing ID 20714858

Bedrooms 42

Year Built 1976

Annual Tax Amount $22,258

Lot Size 2.050 Acres

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!

Location

State TX

County Bowie

Interior

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Varies

Fireplaces Type Living Room

Exterior

Utilities Available City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter

Roof Type Composition,Flat,Mixed,Shingle

Building

Lot Description Cleared, Corner Lot, Few Trees, Interior Lot, Level

Story Multi/Split

Foundation Slab

Structure Type Brick,Siding,Wood

Schools

Elementary Schools Springlkpk

Middle Schools Texas

High Schools Texas

School District Texarkana Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bryson Swiggart • Compass RE Texas , LLC
Bought with Non-Mls Member • NON MLS

Paul Tosello

Agent

+1(817) 992-3320

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