For Sale
$349,999

1106 Esplanade St Marshall, TX 75670

Seven-unit apartment building, renovated 2022

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 7-unit apartment building, located at 1106 Esplanade St in Marshall, Texas, presents a compelling investment opportunity. Built in 1930 and extensively renovated in 2021-2022, this property seamlessly blends historic charm with modern amenities. The 3,400 square foot building sits on a 0.25-acre lot and boasts consistent occupancy and steady rental income, making it an attractive proposition for investors seeking strong returns. Recent upgrades include a new roof installed in 2023, further enhancing the property's value and minimizing future maintenance concerns. The property's location in a rapidly developing area of Harrison County, Texas, 75670, ensures continued growth potential and strong rental demand. This multifamily investment offers a blend of historical character and modern functionality, promising both immediate income and long-term appreciation. The seven units provide a diversified income stream, and the recent renovations minimize the need for immediate capital expenditures. This is a turnkey investment ready for a new owner to step in and enjoy the benefits of a well-maintained and profitable property. The property's size and location make it an ideal investment for both seasoned investors and those new to the multifamily market.

Highlights

  • 7-unit apartment building in Marshall, TX.
  • 3,400 sq ft building on a 0.25-acre lot.
  • Extensively renovated in 2021-2022, new roof in 2023.
  • Consistent occupancy and steady rental income.
  • Located in a rapidly developing area of Harrison County, TX (zip code 75670).

Property Details for 1106 Esplanade St

Property type
Apartment buildings
Square Feet
3,400 SF
Year Built/Renovated
1930/2022
Buildings
1
Lot Size (sq. ft)
10,890 SF
Units
7

Location Insight

City
Marshall
County
Harrison
State
Texas
Latitude
32.5548991
Longitude
-94.3680382

FAQs

What type of property is this?
Apartment building - Seven-unit apartment building, renovated 2022
Where is the apartment building located?
The property is located at 1106 Esplanade St Marshall, TX.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: 7-unit apartment building in Marshall, TX.; 3,400 sq ft building on a 0.25-acre lot.; Extensively renovated in 2021-2022, new roof in 2023.
How can I contact the broker?
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1106 Esplanade St
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