118 S BeverlyTyler, TX 75702

Description

Opportunity to acquire a 7-unit multifamily property priced CHEAP! Offering significant income and value-add potential. With over 4,000 square feet, featuring 10 total bedrooms, and 8 bathrooms across two structures, the property features five units in the main building plus two additional units in a separate guest house. With gross rent potential exceeding $5,000 per month, the numbers offer plenty of room for an investor willing to put in some work. The property could benefit from additional updates and improvements, creating an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, providing tenants easy access to employment, shopping, dining, and other amenities. At this price point, investors are getting seven units including 10 bedrooms, and 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income an opportunity with compelling upside for the right buyer.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1920

Living area

4,000 Sq Ft

Days on market

39

MLS^® Listing#

26012047

Property Features

Cooling

Central Air · Electric

Heating

Central

Fireplace

Other

Parking

Paved · On Street

Foundation

Pillar/Post/Pier

Security

Closed Circuit Camera(s)

Utilities

See Remarks

Sewer

Public Sewer

Schools

Elementary

Bonner

Middle

Moore

High

Tyler High

Financial Details

HOA

Yes

Directions

North on Beckham, right on 5th, right on Beverly