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307 E College Street Longview, TX 75601
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $60
Subdivision None
MLS Listing ID 14488788
Sold Date 02/19/21
Bedrooms 5
Full Baths 5
HOA Y/N None
Total Fin. Sqft 2784
Year Built 1943
Lot Size 7,361 Sqft
Acres 0.169
Property Description
5-Unit Multi-Family Home in great condition located in a desirable and safe neighborhood in Longview, Texas and just minutes from downtown. This property offers 2 units that are two-bedrooms; 2 units are one-bedroom; the stand-alone unit is also a two-bedroom. They are all spacious with an open floor plan. Tenants pay their own utilities. Electric bill averages $90 per month.Water bill averages $50 per month. Each unit has separate meters. Seller pays less than $80 per month for insurance. Great Investment Property-addition to Real Estate Portfolio.Cap Rate estimated at 11.3%. See transaction docs for details.
Location
State TX
County Gregg
Direction Located on the corner of Green Street and College Street; right across from the school.Please use GPS for accuracy.
Interior
Interior Features Other
Heating Space Heater
Cooling Window Unit(s)
Flooring Laminate, Wood
Appliance Electric Oven, Refrigerator
Heat Source Space Heater
Exterior
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Total Parking Spaces 10
Garage No
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Bramlette
Middle Schools Judson
High Schools Longview
School District Longview Isd
Others
Ownership Quest Trust FBO Yaw Asante IRA
Financing Cash
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Bought with Jeffery Ramsey • Ramsey Realty Group