821 Shaw St Tyler, TX 75701
- Commercial real estate
- 1,448 SF
Current Use by Public Records
- Commercial real estate
Property Details for 821 Shaw St
- Property size
- 1,448 SF
- Property type
- Commercial real estate
Description
This exceptional seven-unit multifamily property, located at 821, 827-833 W Shaw in Tyler, Texas (75701), presents a compelling value-add investment opportunity. The property comprises three duplexes and one single-family home, totaling 1,448 square feet on a single story. The single-family unit offers two bedrooms and one bathroom, while each duplex unit features one bedroom and one bathroom, complete with washer/dryer hookups. All units are separately metered, with tenants responsible for all utilities. The property boasts a strong gross monthly rent of $6,050. Recent improvements include exterior repainting, foundation repairs, and flooring repairs as needed. One duplex features two upstairs units with additional open storage/garage space on the ground floor. The property is conveniently located across the street from PT Cole Park, offering residents easy access to green space and recreational amenities. The property is zoned for Planned Unit Residential District and Multi-Family Dwelling, 1-Story. This is an excellent chance to acquire a well-maintained, income-producing asset in a desirable location. The asking price is $450,000, representing a price per square foot of $352.21. This property is ideal for investors seeking to expand their portfolio with a strong cash-flowing asset in a growing Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3098244
- Latitude
- 32.3371429
