Commerce St Bremond, TX 76629
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.