tomo logo

$649,900

Beds
20
Baths
10.0
sq ft
7,816

107 E Marrion St, Itasca, TX 76055

107 E Marrion St

Itasca, TX 76055

  • 94 days on market
For Sale: Cash-Flowing 10-Unit Apartment Complex Discover a rare investment opportunity with this 10-unit apartment complex, each featuring 2 bedrooms and 1 bathroom. Ideally located within walking distance of downtown and directly across from the city park, this property offers both convenience and potential for increased appreciation. Enjoy steady income from these well-maintained units, and take advantage of the prime location for future growth. Don't miss out on this chance to own a high-demand, income-producing property in a sought-after area. Contact us today before its too late!

Details

Property type

Apartment

Lot size

0.862 acres

Price per sq ft

$84

Year built

2010

Annual property taxes

$11,232

Price History

07/06/2024
NTREIS

NTREIS #20648120

Listed
$649,900
06/19/2024
NTREIS

NTREIS #20648120

Pending
$649,900
06/17/2024
NTREIS

NTREIS #20648120

Listed
$649,900

Schools & Community

Elementary school: 

Itasca

Middle school: 

Itasca

High school: 

Itasca

School district: 

Itasca ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fyp Llc

Loan start date

October 2015

Original loan amount

$95,134

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial

Seller

Bethlehem Missionary Baptist Church

Lender

Fyp Llc

Loan start date

October 2014

Original loan amount

$80,141

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Commercial

Seller

Bethlehem Missionary Baptist Church

Lender

Fyp Llc

Loan start date

June 2012

Original loan amount

$52,068

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Commercial

Seller

Bethlehem Missionary Baptist Church

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 11:50 AM

Listing updated: 07/06/2024 at 9:13 AM

Listed by: David DeVries, RE/MAX Pinnacle Group REALTORS Phone #: (817) 460-3900

MLS: NTREIS #20648120

NTREIS logo

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