316 W 7th Street #100-124 new Save Request In-Person Tour Request Virtual Tour
Mount Pleasant,TX 75455
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Mt Pleasant City Blocks
MLS Listing ID 20921279
Year Built 1965
Annual Tax Amount $16,054
Lot Size 1.136 Acres
Property Sub-Type Business
Property Description
Prime Income-Producing Multifamily Property in Downtown Mount Pleasant Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income
Location
State TX
County Titus
Zoning Residential
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Ceramic Tile
Exterior
Utilities Available All Weather Road,City Sewer,City Water,Community Mailbox,Sidewalk
Roof Type Composition
Building
Lot Description Cleared
Foundation Slab
Structure Type Brick
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20921279