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198 Tupelo Street

Pittsburg, TX 75686
  • $2,455,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 20486901
$2,455,000
  • 40
    BEDS
  • 3.78
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Alex Gough of Airstream Realty LLC: 512-763-2559.

Description

Sweet like Tupelo Honey, this 40-unit apartment complex just 2 hours east of DFW, is looking for its new owner.Select units have recently been updated and can serve as an example of what could be done with the rest of the units, or can be used as premium units for increased rent.With 6 three-bedrooms, 10 two-bedrooms, and 24 one-bedrooms there is an apartment for every demographic and with 90% occupancy (and rising), there is room for growth.A coin-based laundry is on-site, as is a common area, and an office.Sidewalks and park benches are set up throughout the complex, as are an outdoor playground, a covered patio area, and an outdoor storage unit.A quick 2-minute drive into town for all the essentials and only 20 minutes from Mount Pleasant.For more financials, photos, video walkthroughs, etc. call the listing agent.Property Update 01-24: Sellers are having the parking lot re-stripped & will offer assigned parking spaces for $10 per month.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cottage & Co Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Cottage & Co Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
www.cottagecorealty.com/homes/145677535
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198 Tupelo Street Pittsburg, TX 75686

  • Price: $2,455,000
  • Status: Active
  • On Site: 140 Days
  • MLS #: 20486901
40
Beds
20
Baths
0
½ Baths
3.78
Acres
1982
Built
Neighborhood:
Nancy Glass Surv Abs #43
County:
Camp
Area:
Pittsburg
Elementary School:
Pittsburg
High School:
Pittsburg
School District:
PITTSBURG ISD
Property Description
Sweet like Tupelo Honey, this 40-unit apartment complex just 2 hours east of DFW, is looking for its new owner.Select units have recently been updated and can serve as an example of what could be done with the rest of the units, or can be used as premium units for increased rent.With 6 three-bedrooms, 10 two-bedrooms, and 24 one-bedrooms there is an apartment for every demographic and with 90% occupancy (and rising), there is room for growth.A coin-based laundry is on-site, as is a common area, and an office.Sidewalks and park benches are set up throughout the complex, as are an outdoor playground, a covered patio area, and an outdoor storage unit.A quick 2-minute drive into town for all the essentials and only 20 minutes from Mount Pleasant.For more financials, photos, video walkthroughs, etc. call the listing agent.Property Update 01-24: Sellers are having the parking lot re-stripped & will offer assigned parking spaces for $10 per month.
Exterior Features

Construction Brick Exterior Features Garden(s)Outdoor GrillPlaygroundStorageOther Fencing Chain Link Foundation Slab Lot Description AcreageInterior LotLandscapedLrg. Backyard GrassMany TreesSprinkler SystemSubdivision Lot Size Source Owner Parking Or Garage OutsideParking Lot Parking Spaces 60 Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric OvenElectric Water HeaterMicrowaveRefrigerator Attached Garage No Cooling Ceiling Fan(s)Electric Fireplaces 0 Flooring CarpetLaminateTile Garage No Handicap YN No Heating Electric Interior Features Built-in FeaturesGranite CountersHigh Speed Internet AvailablePantry

Property Features

Alarm Or Security Type Smoke Detector(s) Building Area Source Public Records Building Area Total 31131.00 Complex Name Pecan Estates Construction Status Preowned Gross Annual Expenses 6699.00 Gross Annual Income 230628.00 HOA None Horse Permitted No Insurance Expense 1071 Levels One List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 223929 Operating Expense Includes InsuranceMaintenanceMaintenance GroundsProfessional ManagementWater/SewerOther Possession Closing/Funding Primary School Name Pittsburg Property Type Multiple Single Units Tenancy 6 Months or Less9 Months or LessOver 9 Months Unexempt Taxes 26880 Utilities City SewerCity WaterIndividual Water Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cottage & Co Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Cottage & Co Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
 
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Cottage & Co Realty
4964 Burger Rd
Aubrey TX, 76227
Offered by Alex Gough of Airstream Realty LLC: 512-763-2559.