Unlock a unique opportunity to own a well-maintained, income-producing multi-family property in Northeast, Texas, just minutes from Paris and within an easy drive of the growing Dallas-Fort Worth Metroplex (DFW). This attractive investment includes a 7-unit apartment complex, a separately metered duplex, and an additional lot — all with strong… Read More occupancy history, reliable tenants, and meaningful recent upgrades. Perfect for investors looking for cash flow real estate in Northeast Texas with convenient access to larger cities and major highways. Apartment Building Built in 1982 Approx. 7,000 sq. ft. Seven (7) units Each unit: 2 Bedrooms - 1.5 Bathrooms $75,000+ in upgrades — five units updated with fresh finishes and the entire exterior upgraded with Hardie Board siding All but two exterior AC units replaced within the last 10 years Shared master water meter with individual shut-offs for each unit; tenant-paid electric On-site parking and good curb appeal Stable occupancy with opportunity to increase rents on renewals Duplex Built in 1999 Approx. 925 sq. ft. per side Two (2) units Each unit: 2 Bedrooms - 1 Bathroom One side updated: other side occupied by a long-term tenant of 9+ years New roof installed in April 2024 Each unit separately metered for water, trash, and electric Reliable tenants and steady income stream Additional Lot Included in the offering — use for parking, outdoor space, or possible future development Solid multi-family unit mix: 7-unit apartment complex plus duplex Recent capital improvements: siding, interior unit updates, HVAC systems, and new duplex roof Stable occupancy with long-term tenants and below-market rents = built-in value-add upside Quiet small-town setting that appeals to local workforce tenants, retirees, and families Regional rental market with reliable demand and proven appreciation potential Read Less
Courtesy of United Country Altaterra Realt, Kimberly Ross.
