1408 1410 S 12th St, Longview, TX 75602
- $94,900
- 2
- BD
- 2
- BA
- List Price
- $94,900
- Price Change
- ▼ $5,000 1785279674
- MLS#
- 21316647
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1951
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 2
- Acres
- 0.17
- County
- Gregg
- City
- Longview
- Subdivision
- Reynolds L S
- Building Name
- 12th St.
Property Description
Exceptional investment opportunity with unlimited potential! This duplex offers the chance to create strong cash flow and build long-term equity. Featuring two separate units, each currently configured as a 1-bedroom, 1-bath residence, both have been almost gutted and are ready for your vision. With the major demolition already completed, you can skip the tear-out phase and move directly into designing the finished product. The spacious layouts provide an excellent opportunity to reconfigure each unit into a desirable 2-bedroom floor plan, maximizing rental income and increasing future property value. Whether you're an experienced investor, contractor, or someone looking for their next renovation project, this property offers the flexibility to customize the interiors to today's rental market. Unit 1408 offers approximately 1,212 square feet and sits on a 50' x 150' lot, while Unit 1410 features approximately 1,609 square feet on a generous 75' x 150' lot, providing additional outdoor space and possibilities. Separate addresses add convenience for future tenants and property management. With the growing demand for quality rental housing, this property presents an outstanding opportunity to renovate, lease, and generate consistent income, or renovate and hold as a long-term investment. Investors may also consider living in one unit while renting the other, depending on local regulations and their intended use. Bring your contractor, your imagination, and your vision to transform this blank canvas into a profitable income-producing property. Opportunities like this are becoming increasingly difficult to find. Property is being sold AS-IS and is priced to allow the next owner to bring their vision to life. Cash buyers or purchasers completing a 1031 Exchange only. No seller financing is available. Buyer to verify all measurements, zoning, permitted uses, and renovation requirements.
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Additional Information
- Unexempt Taxes
- $2,938
- Amenities
- Fireplace
- Lot Size
- 7,492
- Acres
- 0.17
- Lot Description
- Back Yard, Cleared, Irregular Lot, Lawn, Few Trees
- Interior Features
- Paneling Wainscoting
- Flooring
- Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Asphalt
- Stories
- 1
- Pool Features
- None
- Fireplace Type
- None
- Carport Spaces
- 2
- Parking Garage
- Additional Parking, Covered, Carport, Driveway, None
- School District
- Longview Isd
- Elementary School
- South Ward
- Middle School
- Forrest Park
- High School
- Longview
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Rick Lamoureux from Skylite Realty LLC. Contact: (214) 893-1184
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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