Dawn McLarry

903.539.7113

11394 FM 2661, Tyler, TX 75709 | Listings

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11394 FM 2661, Tyler, TX 75709

  • $499,000
  • 4,070 sq ft
  • Year Built: 1900
  • Commercial
  • Listing #24012107

Property Description

Fantastic investment opportunity in fast growing Tyler TX with a 14.43% cap rate! This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6,000 a month, which is $72,000 a year! You could rent it all, or you could just rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that produces passive income and it’s outside the city limits but just 7 miles away from any necessities you may have like Supermarkets, Malls, Services, Banks, Franchises, Parks, Schools and many more! Don't miss this one, call and schedule your showing today!

Listing Details

Price$499,000
Year Built1900
Property TypeCommercial
Listing #24012107
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet4,070

Exterior Features

Lot Size1.00 acres

Miscellaneous

MLS AreaSmith

Courtesy of Luis Miranda, Miller Homes Group

Greater Tyler AOR(GTAR)©2024 Greater Tyler Association of REALTORS Multiple Listing Service. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last updated on 9/20/2024 9:48 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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