718 College Ave, Troy, TX 76579
- Commercial real estate
- 0.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 718 College Ave
- Lot size
- 0.42 lot acres
- Property type
- Commercial real estate
Description
This mixed-use property in Troy, Texas, presents a compelling investment opportunity. Priced at $120,000, this 0.42-acre lot features a duplex with two tenant-occupied units, generating immediate cash flow through month-to-month leases. Unit A boasts 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms and 1 bathroom. Both units are equipped with modern conveniences including dishwashers, vent hood stoves, ample counter space, and ceiling fans. Bathrooms include shower/tub combos and generous storage. A detached 2-car garage provides additional parking and storage, a highly desirable amenity for renters. The property also includes a covered patio and a chain-link fence for added security and privacy. A unique buyer protection plan offers a 12-month buyback guarantee, providing peace of mind for the purchaser. Additional incentives for qualified buyers may include a 1% interest rate buy-down, assistance with selling their existing home, a free one-year home warranty, and the use of a moving truck. This property offers a blend of immediate return and long-term potential, making it an attractive investment in the thriving Troy market. The address is 718 S College Avenue, Troy, TX 76579.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- 48027
- State
- Texas
- Longitude
- -97.286868
- Latitude
- 31.2164375
