Current Use by Public Records
- Commercial real estate
Property Details for Commerce St
- Lot size
- 0.18 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a recently updated six-unit multifamily property located on Commerce Street in Bremond, Texas. The property sits on a 0.18-acre lot and is priced at $285,000. This 6-plex boasts high visibility due to its location on a busy road, ensuring easy access to local amenities and attracting a strong pool of potential renters. Each of the five units features a comfortable one-bedroom, one-bathroom layout, providing consistent rental income. One unit offers a unique, spacious open-concept design without a separate bedroom, ideal for those seeking a studio-style living arrangement. The property is free from zoning restrictions, offering considerable flexibility for future development or modifications to suit evolving market demands or investor preferences. Recent renovations have modernized the entire building, including updated fixtures, stylish finishes, and meticulously maintained common areas. This creates an attractive and well-maintained environment for tenants, contributing to high occupancy rates and strong rental income potential. This property represents a compelling investment opportunity in a desirable location with high traffic volume, promising a strong return on investment. The combination of updated units, flexible zoning, and prime location makes this a truly exceptional offering.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bremond
- County
- Robertson
- State
- Texas
- Longitude
- -96.6773
- Latitude
- 31.1676
