FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.
Property Details
- Interior
- Double Vanity, Walk In Closets
- Fireplaces
- 2
- Cooling
- 1
- Heating
- Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 8
- Bathrooms
- 8.0
- Full Baths
- 8
- Acres
- 1.0
- Square Feet
- 5349.0
- Lot Size (sqft)
- 43560.0
- Parking Features
- Driveway, Garage
- Parking
- 1
- Parking Type
- Driveway
- Parking Garage Spaces
- 7.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1991
- Foundation
- Slab
- Roof
- Asphalt
- Sewer Information
- Aerobic Septic, Septic Tank
- Utility Source
- Well
- Utility Features
- Septic Available, Water Available
- Appliances
- Dishwasher, Electric Range, Electric Water Heater
- Subdivision
- T&P Rr Co #7 Surv A 1431p Tr 2
- School District
- Azle ISD
- Elementary School
- Cross Timbers
- Middle School
- Azle
- High School
- Azle
- County
- Parker
- Region
- Azle
- Days on Market (Cumulative)
- 151
Location
Legal
© 2023 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 Lucy Cervantes shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Provided By
Listed by Bradley Hutton (#0828407)
Listing Office: Trinity Group Realty (#TRGR00FW)
