605 Washington Ave Wharton, TX 77488
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 605 Washington Ave
- Property type
- Commercial real estate
Description
Exceptional investment opportunity in Wharton, Texas, featuring a portfolio of four properties. This package includes three income-producing residential rental homes located on Washington Avenue, offering a mix of one and two-bedroom units. Each home features a living area, kitchen, and varying amenities such as garages, carports, and detached storage units with washer/dryer connections. Lot sizes range from 6,212 to 6,821 square feet, providing ample space. Completing the portfolio is a vacant lot situated at the southeast corner of Washington Avenue and David Street, encompassing 7,434.6 square feet. This lot presents significant development potential, adding further value to this already attractive investment. The rental homes at 605 Washington Avenue (480 sq ft on a 6,212 sq ft lot), 609 Washington Avenue (576 sq ft on a 6,821 sq ft lot), and 613 Washington Avenue (680 sq ft on a 6,821 sq ft lot) provide immediate cash flow. The vacant lot, identified as River Road Block 7 Lot 1, offers future expansion or redevelopment possibilities. All properties are located in Wharton, Texas, zip code 77488. This portfolio presents a unique opportunity for investors seeking immediate income and long-term growth potential. Contact us today for pricing and further details.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wharton
- County
- Wharton
- State
- Texas
- Longitude
- -96.09499
- Latitude
- 29.303846
