12036 State Highway 64 Active Save Request In-Person Tour Request Virtual Tour
Tyler,TX 75704
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,936 sqft
Price per Sqft $216
Subdivision Na
MLS Listing ID 24004151
Bedrooms 5
Year Built 2024
Tax Year 2024
Lot Size 1.194 Acres
Property Description
100% occupied and newly constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. See flyer for more details. 1 single family home, 3 duplexes, and 7 luxury cottages ? 9,936 leasable sqft. New gravel driveway. 2024 Projected Financials: $188,580 Gross Annual Income | $160,880 NOI | 7.48% CAP. 100% occupied, low maintenance, turn-key, ready to cash flow. Private entrance, mix of covered / uncovered parking pads, individual mailboxes. 15,853 Annual Average Daily Traffic. Reach out to the agent for financial documents and more unit details.
Location
State TX
County Smith
Zoning Single Family
Interior
Heating Central Electric
Cooling Central Electric,Other/See Remarks
Flooring Vinyl
Fireplaces Type None
Equipment Range/Oven-Electric,Microwave,Refrigerator
Exterior
Exterior Feature Patio Covered,Porch
Fence Wood Fence
Waterfront No
View Y/N No
Roof Type Composition,Aluminum/Metal
Building
Foundation Slab,Pier and Beam,Other/See Remarks
Sewer Public Sewer
Water Public
Schools
Elementary Schools Dixie
Middle Schools Boulter
High Schools Tyler High