104 W South St, Clarksville, TX 75426

Building Details

Year Built

1984

Listing agent Andy Williams License #TX 650114

Listing office Recon Realty

Listing date Oct 20, 2024

Source Crexi

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Overview

Located in Clarksville, TX, this fourplex property offers an investment opportunity with current rental income and future growth potential. Each unit is rented at $650 per month, generating a total annual income of $31,200. The property was last renovated in 2008 and features separately metered units. The property's lot size allows for the potential construction of an additional building, increasing the property's capacity and rental income. The property is suitable for investors looking to expand their portfolio with both immediate cash flow and long-term appreciation. The property size is 4416 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Clarksville

County

Red River

State

Texas

Longitude

-95.051183

Latitude

33.615862

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FAQs

What type of property is this?

Quadplex - Fourplex in Clarksville, TX with income and expansion possibilities.

Where is this quadplex located?

The property is located at 104 W South St Clarksville, TX.

What is the asking price?

The asking price for this property is $299,999.

What are key features of this property?

This property features: Consistent Rental Income: Generates $31,200 annually with all 4 units currently rented.; Future Development Potential: Large lot allows for construction of an additional building.; Separately Metered Units: Reduces operational overhead and simplifies utility management.