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198 Tupelo Street

Pittsburg, TX 75686
  • $2,470,000
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 20368325
UPDATED: 39 min ago
$2,470,000
  • 40
    BEDS
  • 4.51
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Alex Gough of Airstream Realty Llc: 512-763-2559.

Description

Sweet like Tupelo Honey, this 40-unit apartment complex just 2 hours east of DFW, is looking for its new owner. At 78% occupancy (and rising), there is room for growth. Select units have recently been updated and can serve as an example of what could be done with the rest of the units, or can be used as premium units for increased rent. With 6 three-bedrooms, 10 two-bedrooms, and 24 one-bedrooms there is an apartment for every demographic. A coin-based laundry is on-site, as is a common area, and an office. Sidewalks and park benches are set up throughout the complex, as an outdoor playground, covered patio area, and an outdoor storage unit. Only 20 minutes from Mount Pleasant. Contact the listing agent for access to the property or for a link to the 360 video walkthrough tour.

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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 2023-10-02T12:43:56.623.
www.russellhouses.com/homes/141202650
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198 Tupelo Street Pittsburg, TX 75686

  • Price: $2,470,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 39 min ago
  • MLS #: 20368325
40
Beds
20
Baths
0
½ Baths
4.51
Acres
1982
Built
Neighborhood:
Nancy Glass Surv Abs #43
County:
Camp
Area:
Pittsburg
Elementary School:
Pittsburg
High School:
Pittsburg
School District:
PITTSBURG ISD
Property Description
Sweet like Tupelo Honey, this 40-unit apartment complex just 2 hours east of DFW, is looking for its new owner. At 78% occupancy (and rising), there is room for growth. Select units have recently been updated and can serve as an example of what could be done with the rest of the units, or can be used as premium units for increased rent. With 6 three-bedrooms, 10 two-bedrooms, and 24 one-bedrooms there is an apartment for every demographic. A coin-based laundry is on-site, as is a common area, and an office. Sidewalks and park benches are set up throughout the complex, as an outdoor playground, covered patio area, and an outdoor storage unit. Only 20 minutes from Mount Pleasant. Contact the listing agent for access to the property or for a link to the 360 video walkthrough tour.
Exterior Features

Construction Brick Exterior Features Garden(S)PlaygroundStorageOther Fencing Chain Link Foundation Slab Lot Description LandscapedLrg. Backyard GrassMany TreesSprinkler System Lot Size Source Public Records Parking Or Garage OutsideParking Lot Parking Spaces 60 Patio And Porch Features Front Porch Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric OvenElectric Water HeaterMicrowaveRefrigerator Attached Garage No Cooling Ceiling Fan(S)Electric Fireplaces 0 Flooring CarpetLaminateTile Garage No Handicap YN No Heating Electric Interior Features Built-In FeaturesGranite CountersHigh Speed Internet AvailablePantry

Property Features

Alarm Or Security Type Smoke Detector(S) Building Area Source Public Records Building Area Total 31131.00 Common Features Club HouseCurbsLaundryPlaygroundSidewalks Complex Name Pecan Estates Construction Status Preowned Gross Annual Expenses 6699.00 Gross Annual Income 230628.00 HOA None Horse Permitted No Insurance Expense 1071 Levels One List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 223929 Operating Expense Includes InsuranceMaintenanceMaintenance GroundsProfessional ManagementWater/SewerOther Possession Closing/Funding Primary School Name Pittsburg Property Type Multi Family Tenancy 6 Months Or Less9 Months Or LessOver 9 Months Unexempt Taxes 26880 Utilities City SewerCity WaterIndividual Water Meter 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 2023-10-02T12:43:56.623.
 
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Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Alex Gough of Airstream Realty Llc: 512-763-2559.