200 S Beaton Street

    Corsicana, TX 75110
    • $525,000
    • STATUS: Active
    • ON SITE: 313 days
    • MLS #: 13837300
    Price Reduced
    UPDATED: 88 min ago
    $525,000
    • 9
      BEDS
    • 0.1
      ACRES
    • 6
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1870
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Jeffery Smith of Earnest Walker Realty, Inc..

    Description

    OPPORTUNITY ZONE INVESTMENT LOCATION!!! A very rare opportunity in Historic Downtown Corsicana which is in the middle of an OPPORTUNTY ZONE!!!. A 148 year old bank turned into 6-unit apt complex. Keep it that way or it could be more... A possible desperately needed downtown Hotel? Air B&B? You name it. In Corsicana, a rapidly renovating downtown only one hour from the Dallas Metroplex, this property has many different possibilities of becoming the next great business adventure for you. Currently 100% occupied and typically stays that way!

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    © 2019 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 Hargrove Realty Group. 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 Hargrove Realty Group 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 2019-03-20T15:41:32.473.
    www.hargroverealtygroup.com/homes/83449729

    200 S Beaton Street Corsicana, TX 75110

    • Price: $525,000
    • Status: Active
    • Updated: 88 min ago
    • MLS #: 13837300
    9
    Beds
    6
    Baths
    1
    ½ Baths
    0.1
    Acres
    1870
    Built
    Neighborhood:
    Corsicana
    County:
    Navarro
    Area:
    Navarro County
    Elementary School:
    Fannin
    Middle School:
    Collins
    High School:
    Corsicana
    School District:
    CORSICANA ISD
    Property Description
    OPPORTUNITY ZONE INVESTMENT LOCATION!!! A very rare opportunity in Historic Downtown Corsicana which is in the middle of an OPPORTUNTY ZONE!!!. A 148 year old bank turned into 6-unit apt complex. Keep it that way or it could be more... A possible desperately needed downtown Hotel? Air B&B? You name it. In Corsicana, a rapidly renovating downtown only one hour from the Dallas Metroplex, this property has many different possibilities of becoming the next great business adventure for you. Currently 100% occupied and typically stays that way!
    Exterior Features

    Construction BrickConcrete Foundation Slab Lot Description Corner Parking Or Garage Unassigned Spaces Parking Spaces 10 Pool On Property No Roof Other

    Interior Features

    Fireplaces 0 Flooring Brick/AdobeCarpetCeramic TileConcreteLaminateStoneVinylWood Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features Cable Tv AvailableHigh Speed Internet AvailableLoftMultiple Staircases Kitchen Equipment DishwasherRange/Oven-ElectricRefrigeratorVent Mechanism Sq Ft Building 7788

    Property Features

    Building Area Source Tax Buildings 1 Common Features Laundry Complex Name The Bank Apartments Construction Status Preowned Gross Annual Expenses 27000 Gross Annual Income 59100 HOA None Insurance Expense 2000 Intermediate School Drane Municipal Utility District No Net Annual Income 30100 Possession Closing/Funding Property Type Mul-Apartment/5Plex+ Tenancy No Smoking Total Annual Expenses Include MaintenanceManagementTaxesWater/Sewer/Trash Unexempt Taxes 7319 Unit Count 0 Utilities AsphaltCity SewerCity Water Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 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 Hargrove Realty Group. 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 Hargrove Realty Group 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 2019-03-20T15:41:32.473.
     
    Hargrove Realty Group
    106 N Denton Tap Rd
    Coppell TX, 75019
    Offered by Jeffery Smith of Earnest Walker Realty, Inc..