About 1101 Avenue D
This is an interesting property with tons of potential and possibilities. First off there are 7 tiny homes of which 5 are 1 bedroom and 1 bath and 2 are 2 bedrooms with 1 bath. 5 are completely finished and just need to be cleaned up and maybe some minor repairs. 1 unit needs appliances and trim work to be finished, and the last unit is just a shell and needs a buildout inside to be complete. These units are perfect for short term rentals, long term rentals, or fully furnished units for personnel coming in on 3-6 month contracts. 1 bedroom units could easily get $500-700 per month each while 2 bedroom units could $700-850 per month each. That's a total of $3900-5200 per month in rents. PLUS there is plenty of room to add an additional 5-9 units for additional revenue. Next door is the old rock church and it has over 10,000 square feet of space. The building has a good roof and solid rock exterior, but is need of updates and repairs. This space has endless possibilities!!
Features of 1101 Avenue D
| MLS® # | 20534524 |
|---|---|
| Price | $379,000 |
| Units | 7 |
| Bedrooms | 9 |
| Full Baths | 7 |
| Half Baths | 1 |
| Building Area Total | 10,866 |
| Acres | 1.23 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 1101 Avenue D |
|---|---|
| Subdivision | Cleveland Addition |
| City | Brownwood |
| County | Brown |
| State | TX |
| Zip Code | 76801 |
Amenities
| Utilities | Alley, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, All Weather Road, See Remarks |
|---|---|
| Parking Spaces | 50 |
| Garages | Additional Parking, Common, Driveway, Alley Access, Gravel, Off Street, On Site, Parking Lot, Private |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan |
|---|---|
| Heating | Natural Gas, Space Heater, Wall Furnace |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es) |
|---|---|
| Lot Description | Cleared, Corner Lot, Level |
| Roof | Composition, Metal |
| Construction | Rock/Stone, Board & Batten Siding, Siding |
| Foundation | Slab, Block, Pillar/Post/Pier |
School Information
| District | Brownwood ISD |
|---|---|
| Elementary | Coggin |
| Middle | Brownwood |
| High | Brownwood |
Additional Information
| Gross Annual Income | $0 |
|---|---|
| Gross Annual Expenses | $0 |
| CapitalizationRate | 0.00 |
Unit 1 Details
| Type | 1 Bedroom |
|---|---|
| Full Baths | 1 |
Unit 2 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
Listing Details
| Agent | Justin Riggan |
|---|---|
| Office | KWSynergy |