Address
1106 Esplanade Street, Marshall, TX
Price
$ 390,000
Property Attributes
- MLS#20562073
- TypeMulti-Family
- CountyHARRISON
- CityMarshall
- NeighborhoodRainey
- Zip75670
- StyleMultiple Single Units
- Year Built1930
- Taxes$ 802
- Price$ 390,000
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms0
- Lot Size11,021 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
7-unit multi-family located in a highly desirable area. Built in 1930, this property retains its historic appeal while boasting modern updates. Extensive updates were made in 2021 and 2022, ensuring contemporary amenities and functionality. A new roof was installed in 2023. This property is ideal for investors seeking steady rental income in a thriving rental market. Demonstrates consistent occupancy rates and rental income, appealing to investors seeking a reliable investment opportunity. It is positioned in a rapidly developing area, with a 10+ Cap Rate, and offering potential for future property value appreciation.
| Elementary School |
|---|
| Moore Elementary School |
| Price History | |
|---|---|
| 3/21/2024 | Listed $390,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Complex Name | NA |
| Cooling | Ceiling Fan(s),Central Air,Electric,Window Unit(s) |
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Electric Range,Other |
| School District | Marshall ISD |
| Capitalization Rate | 10.18 |
| Year Built | 1930 |
| Levels | Two |
| Unexempt Taxes | 802 |
| Will Subdivide | No |
| Gross Annual Expenses | 10776.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | Rainey |
| Insurance Expense | 1560 |
| Occupant Type | Tenant |
| County | Harrison |
| Operating Expense Includes | Insurance,Maintenance,Trash,Water/Sewer,Other |
| Property Type | Residential Income |
| Construction Materials | Frame,Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | In Marshall,from W. Grande Ave,North on N. Grove St.,Right on East Ave.,Left on Esplanade St.,property is on the Right. |
| City | Marshall |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Moore |
| High School | Marshall |
| Street Name | Esplanade |
| Elementary School | Moore |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20562073 |
| Standard Status | Active |
| Junior High School | Marshall |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Decorative Lighting,Eat-in Kitchen |
|---|---|
| Flooring | Other |
| Occupancy Rate | 100 |
| Total Units | 7 |
| Unit Count | 2 |
| Lock Box Type | Combo |
| Street Suffix | Street |
Exterior Features
| Lot Features | Cleared |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | On Site |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.2530 |
| Lot Size Dimensions | 103x108 |
| Number Of Parking Spaces | 7 |
| Lot Size Units | Acres |
| Building Area Total | 3400.00 |
| Lot Size Square Feet | 11020.6800 |
| Lot Size Acres | 0.2530 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75670
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
