About 460 W State Hwy 243
Unique opportunity:Residential tenant-occupied commercial property located in close proximity to world-famous Canton First Monday. Sold AS IS. Great residential area near schools. Long-term tenant would stay or move. NOTE: General Commercial zoning. Excellent location for retail, rental, multi-family, or short-term rentals. + - 600ft Hwy 243 Road Frontage. Also Available: Another residential tenant-occupied 3 bedroom home and an uninhabitable structure, on adjacent .28ac and .33ac lots can be purchased separately or all together
Features of 460 W State Hwy 243
| MLS® # | 20566474 |
|---|---|
| Price | $165,000 |
| Units | 1 |
| Bedrooms | 3 |
| Full Baths | 1 |
| Building Area Total | 1,115 |
| Acres | 0.28 |
| Year Built | 1961 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 460 W State Hwy 243 |
|---|---|
| Subdivision | J Stockwell |
| City | Canton |
| County | Van Zandt |
| State | TX |
| Zip Code | 75103 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Parking Spaces | 1 |
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan |
|---|---|
| Heating | Other |
| Fireplace | No |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Canton ISD |
|---|---|
| Elementary | Canton |
| High | Canton |
Additional Information
| Net Operation Income | $14,800 |
|---|---|
| Gross Annual Income | $16,800 |
| Gross Annual Expenses | $2,000 |
| Insurance Expense | $2,000 |
| CapitalizationRate | 8.97 |
Unit 1 Details
| Type | 3 Bedroom |
|---|
Listing Details
| Agent | Kevin Zervakos |
|---|---|
| Office | Nathan Foreman Real Estate |