Phenomenal Investment Opportunity – High-Performing Multi-Family Property with Expansion Potential! This exceptional commercial property presents an incredible opportunity for investors seeking strong rental income with room for future development. Situated in the highly desirable Henshaw Creek Subdivision, one of Tyler’s newest residential development just off Old Jacksonville near Three Lakes… Read More Middle School, this property currently consists of three completed triplexes, one unfinished triplex, and two additional lots that can accommodate two more triplexes—allowing for a total of six triplexes upon full buildout. With 9 fully leased units, this investment already generates steady cash flow, with rents ranging from $1,850 to $2,195 per unit. The existing rental units include two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units, all featuring modern layouts and desirable amenities. Beyond the property itself, residents enjoy immediate access to beautiful walking and biking trails, and scenic ponds—enhancing the appeal and long-term value of this investment. This property provides an excellent balance of immediate returns and long-term growth potential, making it a rare find in today’s market. Don’t miss this chance to secure a lucrative multi-family asset in one of Tyler’s most promising developments—schedule your showing today! Read Less
Courtesy of Keller Williams Realty Tyler, Kayla Riggs.
Listing Snapshot
Days Online
32
Last Updated
Property Type
Triplex
Beds
34
Full Baths
24
Lot Size
2.81 Acres
Year Built
2023
MLS Number
20850069
Additional Details
Appliances & Equipment
Dishwasher, GasRange, Microwave, Refrigerator
Building
Built in 2023, Construction materials: Brick, Levels: One, 4 buildings, 1, Toal building area: 17065
Cooling
CentralAir, Electric
Fence
BackYard, Fenced
Floors
Vinyl
Garage
2 garage spaces
Heating
Central, Electric
Income
Gross income: $291,240, Net operating income: $189,178
Interior Features
DecorativeDesignerLightingFixtures, OpenFloorplan
Lot
2.807 acres, 122,273 sqft
Parking
24 covered spaces, 24 total parkings, Concrete, Driveway, Garage
