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Listing provided courtesy of Freedom Realty- MLS# 21231847MLS ProviderContact Information: Cassie Fleming - 903-335-8921

214 Locust Street SSulphur Springs, TX 75482

Multi-Family · 1 Bed · 1 Full Bath · 5,554 Sq. ft. | 0.49 Acres
$575,000 Active

214 Locust Street S Overview

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Investor opportunity in Sulphur Springs, Texas! Fully occupied 8-unit apartment complex. Solid income-producing property with strong rental appeal. Each 1-bedroom, 1-bath unit offers a functional layout, spacious walk-in closets, and separate electric meters. Property offers an ideal location for tenants, located just minutes from downtown, schools, shopping, and everyday amenities. Conveniently located approximately 90 minutes from Dallas, offering access to a major metro area while maintaining small-town appeal. Don't miss this rare opportunity to own a manageable 8-unit complex with strong rental potential.

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214 Locust Street S Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,554
  • Price/Sq.ft. $104
  • Lot 0.49 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Sulphur Springs ISD
  • Elementary School: Sulphurspr
  • Middle Or Junior School: Sulphurspr
  • High School: Sulphurspr

Income/Expenses

  • Operating Expense Includes: Manager,Maintenance Structure,Maintenance,Other,Pest Control,Professional Management,Water/Sewer

Building Information

  • Year Built: 1971
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hopkins
  • Postal City: SULPHUR SPRINGS
  • Subdivision Name: Sulphur Spgs

Tax Information

  • Tax Annual Amount: 2307.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R000001674
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 5554.0

General Information

  • Appliances: Dishwasher,Electric Range,Refrigerator
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile,Laminate,Vinyl
  • Foundation Details: Slab
  • Interior Features: High Speed Internet,Cable TV
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Common
  • Parking Total: 11.0

Lot Information

  • Lot Features: Interior Lot
  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 21344.4
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport: No
  • Fencing: Wood
  • Number Of Units Total: 8
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 8
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214 Locust Street S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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