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1500 Austin Street

Wichita Falls, TX 76301
  • $75,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 20408373
UPDATED: 45 min ago
$75,000
  • 7
    BEDS
  • 0.28
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Information

Elementary School:
High School:
School District:
Offered by Rachelle Cooper of The Property Shop: 817-888-8849.

Description

***INVESTOR SPECIAL*** Great value-add opportunity in the heart of old town Wichita Falls. This multifamily property needs a little, or a lot, of everything to restore it and get tenants in it to once again be income producing. Property is currently vacant and not producing income. Appraisal district has this as a quad, but there are seven individual electric meters - one for each of the bedrooms. Where else are you able to purchase a multi unit complex at this price???

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-29T16:46:33.837.
www.russellhouses.com/homes/142516912
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1500 Austin Street Wichita Falls, TX 76301

  • Price: $75,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 45 min ago
  • MLS #: 20408373
7
Beds
7
Baths
0
½ Baths
0.28
Acres
1914
Built
Neighborhood:
Original Town Wf
County:
Wichita
Area:
Wichita Falls
Elementary School:
Burgess
High School:
Wichita Falls
School District:
Wichita Falls Isd
Property Description
***INVESTOR SPECIAL*** Great value-add opportunity in the heart of old town Wichita Falls. This multifamily property needs a little, or a lot, of everything to restore it and get tenants in it to once again be income producing. Property is currently vacant and not producing income. Appraisal district has this as a quad, but there are seven individual electric meters - one for each of the bedrooms. Where else are you able to purchase a multi unit complex at this price???
Exterior Features

Construction Siding Foundation Pillar/Post/Pier Parking Or Garage Carport Parking Spaces 4 Pool On Property No Roof Composition

Interior Features

Appliances None Attached Garage No Basement No Cooling None Flooring Combination Garage No Handicap YN No Heating None Interior Features Other

Property Features

Accessory Unit YN No Building Area Source Assessor Building Area Total 3536.00 Complex Name Other Construction Status Preowned Exclusions No Disclosures As This is A Foreclosure The Lender Took Back. Asbestos Report Attached To Mls Listing. Gross Annual Expenses 0.00 Gross Annual Income 0.00 HOA None Insurance Expense 0 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Municipal Utility District No Net Operation Income 0 Possession Closing/Funding Property Type Quadruplex Unexempt Taxes 435 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-29T16:46:33.837.
 
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Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Rachelle Cooper of The Property Shop: 817-888-8849.