311 Franklin Street
Alvord, TX 76225
/ Original Alvord
MLS ID# 20488145 Active
Duplex
$499,000
Details for 311 Franklin Street, Alvord TX 76225
Welcome to this versatile income producing property with a rich history. Located in Alvord, TX., this property offers an incredible opportunity for entrepreneurs and business owners seeking a great location for their venture. The apartments feature A cozy 2 bed, 1 bath unit with a contemporary kitchen, spacious living area, and well-appointed bedrooms, and the larger 3 bed 2 bath unit has an updated kitchen. Currently, both units are leased out, generating a steady stream of income, and an excellent opportunity to build equity and wealth. Also, formerly a successful hair salon, the layout of the commercial space is adaptable for various business types. It is situated in a high-traffic area, ensuring maximum visibility and foot traffic. Whether it's a salon, boutique, or office space, this property is ready to accommodate your vision.
Features and Details
- Category Multi-Family
- Type Duplex
- Area/Neighborhood Original Alvord
- County Wise
- Acreage 0.321 Acres
- MLS ID# 20488145
- Year Built 1941
- Garage Capacity 0
- Living Area 0 sqft
- Room Name Size
- Complex Name
- NA
- Construction
- Siding, Composition, Slab
- Heating/Cooling
- Central, Electric, Central Air,Electric,Multi Units
- Association Fee
- None, Other
- Flooring
- Ceramic Tile
- Green Features
- Green Verification Count: 0
- Interior Features
- Built-in Features, Decorative Lighting, Other
- Parking
- Open, Pad, Unpaved
- Utilities
- All Weather Road, City Sewer, City Water
- Year Built
- 1941, Preowned
- Gross Annual Expenses
- 0.00
- Gross Annual Income
- 37800.00
- Net Operation Income
- 31621
- # of Buildings
- 1
Units Details
- Dimensions
- Living Area: 1x
- Lease
- $3150
- Full Baths
- 1
- # Units
- 2